Pub. L. 104-290, tit. I, sec. 505

ACQUISITION OF ASSETS BY BUSINESS DEVELOPMENT COMPANIES.

EnactedYear: 1996Length: 73 wordsOfficial source
SEC. 505. ACQUISITION OF ASSETS BY BUSINESS DEVELOPMENT COMPANIES. Section 55(a)(1)(A) of the Investment Company Act of 1940 (15 U.S.C. 80a-54(a)(l)(A)) is amended— (1) by striking “or from any person” and inserting “from any person”; and (2) by inserting before the semicolon “, or from any other person, subject to such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors”.
Pub. L. 104-290, tit. I, sec. 505: ACQUISITION OF ASSETS BY BUSINESS DEVELOPMENT COMPANIES. | Justis AI