FEDERAL · 15 U.S.C. · Chapter 2D

Functions and activities of business development companies

15 U.S.C. § 80a–59
Title15Commerce and Trade
Chapter2D — INVESTMENT COMPANIES AND ADVISERS
SubchapterI
Current throughPub. L. 119-99

This text of 15 U.S.C. § 80a–59 (Functions and activities of business development companies) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
15 U.S.C. § 80a–59.

Text

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.

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Related

§ 80a
15 U.S.C. § 80a

Source Credit

History

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

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15 U.S.C. § 80a–59, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/80a–59.