17 CFR 260.4a-3

§ 260.4a-3 Exempted securities under section 304(a)(9).

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

Cite this

Citation: 17 CFR 260.4a-3, § 260.4a-3 Exempted securities under section 304(a)(9), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/69823
Permanent ID: ys:prov:69823@1
SHA-256: 0e223ca17957cc13adbc644d47eed22d8b68a42623d8d35bc1bd446745ed4e83

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Full text

The provisions of the Trust Indenture Act of 1939 shall not apply to any security which has been or is to be issued under an indenture which limits the aggregate principal amount of securities at any time outstanding thereunder to $10,000,000 or less, but this exemption shall not be applied within a period of thirty-six consecutive months to more than $10,000,000 aggregate principal amount of securities of the same issuer.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.