15 USC 80a-59: Functions and activities of business development companies
Text contains those laws in effect on January 2, 2001
From Title 15-COMMERCE AND TRADECHAPTER 2D-INVESTMENT COMPANIES AND ADVISERSSUBCHAPTER I-INVESTMENT COMPANIES
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§80a–59. Functions and activities of business development companies
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
Section Referred to in Other Sections
This section is referred to in sections 80a–2, 80a–6, 80a–53, 80a–60, 80b–2 of this title.