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§ 80b-7. —  Material misstatements.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC80b-7]

 
                      TITLE 15--COMMERCE AND TRADE
 
              CHAPTER 2D--INVESTMENT COMPANIES AND ADVISERS
 
                   SUBCHAPTER II--INVESTMENT ADVISERS
 
Sec. 80b-7. Material misstatements

    It shall be unlawful for any person willfully to make any untrue 
statement of a material fact in any registration application or report 
filed with the Commission under section 80b-3 or 80b-4 of this title, or 
willfully to omit to state in any such application or report any 
material fact which is required to be stated therein.

(Aug. 22, 1940, ch. 686, title II, Sec. 207, 54 Stat. 853.)

                          Transfer of Functions

    For transfer of functions of Securities and Exchange Commission, 
with certain exceptions, to Chairman of such Commission, see Reorg. Plan 
No. 10 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 
1265, set out under section 78d of this title.



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