16 CFR 802.65
§ 802.65 Exempt acquisition of non-corporate interests in financing transactions.
United States · 16 CFR — Commercial Practices · Status: effective
Cite this
- Citation
- 16 CFR 802.65, § 802.65 Exempt acquisition of non-corporate interests in financing transactions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/64814
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Full text
An acquisition of non-corporate interests that confers control of a new or existing unincorporated entity is exempt from the notification requirements of the Act if:
(a) The acquiring person is contributing only cash to the unincorporated entity;
(b) For the purpose of providing financing; and
(c) The terms of the financing agreement are such that the acquiring person will no longer control the entity after it realizes its preferred return.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.