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SUMMARY
A new species, Arachniotus fiavoluteus, is described and developmental morphology is presented. This new species can be distinguished from the other two available species of the genus, A. reticulatus and RSA 202, by ascospore characteristics. The new species is also easily distinguishable from the questionable species of Arachniotus, A. candidus, A. ruber and A. aureus, by colonial and ascospore characters.