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§ 80a-64. —  Preventing compliance with subchapter; liability of controlling persons.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC80a-64]

 
                      TITLE 15--COMMERCE AND TRADE
 
              CHAPTER 2D--INVESTMENT COMPANIES AND ADVISERS
 
                   SUBCHAPTER I--INVESTMENT COMPANIES
 
Sec. 80a-64. Preventing compliance with subchapter; liability of 
        controlling persons
        
    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.

(Aug. 22, 1940, ch. 686, title I, Sec. 65, as added Pub. L. 96-477, 
title I, Sec. 105, Oct. 21, 1980, 94 Stat. 2289.)

                  Section Referred to in Other Sections

    This section is referred to in sections 80a-2, 80a-6, 80a-53, 80a-
60, 80b-2 of this title.



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