15-U.S.C.-80A-59

15-U.S.C.-80A-59

§80A-59 – §80A-59. Functions and Activities of Business Development Companies

Pathway

Title 15 > Chapter 2D > Subchapter I > Section 80a-59

Details

  • Reference: Section 80a-59
  • Legend: §80A-59 – §80A-59. Functions and Activities of Business Development Companies
  • USCode Year: 2013

Provision Content

Notwithstanding the exemption set forth in section 80a–6(f) of this title, section 80a–12 of this title shall apply to a business development company to the same extent as if it were a registered closed-end investment company, except that the Commission shall not prescribe any rule, regulation, or order pursuant to section 80a–12(a)(1) of this title governing the circumstances in which a business development company may borrow from a bank in order to purchase any security.

(Aug. 22, 1940, ch. 686, title I, §60, as added Pub. L. 96–477, title I, §105, Oct. 21, 1980, 94 Stat. 2285.)

U.S. Encyclopedia of Law Coverage

15-U.S.C.-80A-57 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-80A-57, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

15-U.S.C.-80A-51 in the Legal Encyclopedia: Investment

In this entry about 15-U.S.C.-80A-51, find legal reference material, bibliographies and premiere content related to investment in the American Encyclopedia of Law, presenting a comprehensive view of the United States investment-specific issues, written by authorities in the field.

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