15 U.S.C. § 80a-64

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)
Section 80a-64 - Preventing compliance with subchapter; liability of controlling persons

Notwithstanding the exemption set forth in section 80a-6(f) of this title, section 80a-47 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 provisions of section 80a-47(a) of this title shall not be construed to require any company which is not an investment company within the meaning of section 80a-3(a) of this title to comply with the provisions of this subchapter which are applicable to a business development company solely because such company is a wholly-owned subsidiary of, or directly or indirectly controlled by, a business development company.

15 U.S.C. § 80a-64

Aug. 22, 1940, ch. 686, title I, §65, as added Pub. L. 96-477, title I, §105, Oct. 21, 1980, 94 Stat. 2289.