15 U.S.C. § 80a–64
Preventing compliance with subchapter; liability of controlling persons
United States · Title 15 — COMMERCE AND TRADE · Status: effective
Cite this
- Citation
- 15 U.S.C. § 80a–64, Preventing compliance with subchapter; liability of controlling persons, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/440168
- Permanent ID
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65ec3febd7571768a170e8a8f2ca6ce41f8c111a6711b462fba66d05a5f928e2
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Full text
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.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- An act to amend the Federal securities laws to provide incentives for small business investment, and for other purposes.House: no recorded tallySenate: no recorded tally