2009 US Code
Title 15 - COMMERCE AND TRADE
CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
SUBCHAPTER I - INVESTMENT COMPANIES
Sec. 80a-57 - Changes in investment policy

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
SUBCHAPTER I - INVESTMENT COMPANIES
Sec. 80a-57 - Changes in investment policy
Containssection 80a-57
Date2009
Laws in Effect as of DateFebruary 1, 2010
Positive LawNo
Dispositionstandard
Source CreditAug. 22, 1940, ch. 686, title I, §58, as added Pub. L. 96-477, title I, §105, Oct. 21, 1980, 94 Stat. 2285.
Statutes at Large Reference94 Stat. 2285
Public Law ReferencePublic Law 96-477


§80a–57. Changes in investment policy

No business development company shall, unless authorized by the vote of a majority of its outstanding voting securities or partnership interests, change the nature of its business so as to cease to be, or to withdraw its election as, a business development company.

(Aug. 22, 1940, ch. 686, title I, §58, as added Pub. L. 96–477, title I, §105, Oct. 21, 1980, 94 Stat. 2285.)

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