Statutes, codes, and regulations
Code of Federal Regulations
Title 17 - COMMODITY AND SECURITIES EXCHANGESChapter II - SECURITIES AND EXCHANGE COMMISSIONPart 260 - GENERAL RULES AND REGULATIONS, TRUST INDENTURE ACT OF 1939
RULES UNDER SECTION 304
Section 260.4a-3 - Exempted securities under section 304(a)(9)

17 C.F.R. § 260.4a-3

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Current through October 31, 2024
Section 260.4a-3 - Exempted securities under section 304(a)(9)

The provisions of the Trust Indenture Act of 1939 shall not apply to any security which has been or is to be issued under an indenture which limits the aggregate principal amount of securities at any time outstanding thereunder to $10,000,000 or less, but this exemption shall not be applied within a period of thirty-six consecutive months to more than $10,000,000 aggregate principal amount of securities of the same issuer.

17 C.F.R. §260.4a-3

46 FR 63256, Dec. 31, 1981. Redesignated and amended at 57 FR 36501, Aug. 13, 1992

Secs. 304(a)(8) and 304(a)(9) of the Trust Indenture Act of 1939, ( sec. 302 , Pub. L. 96-477 ; secs. 304(a)(8), 304(a)(9), 53 Stat. 1153; 15 U.S.C. 77dd d(a)(8), 77ddd(a)(9)