Statute · United States Code
15 U.S.C. § 80a-57 — Changes in investment policy
15 U.S.C. § 80a-57
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
No business development company shall, unless authorized by the vote of a majority of its outstanding voting securities or partnership interests, change the nature of its business so as to cease to be, or to withdraw its election as, a business development company.
Citator
15 U.S.C. § 80a-57 — Changes in investment policy is in force in the current edition of the Code, and nothing recorded condemns it.
No business development company shall, unless authorized by the vote of a majority of its outstanding voting securities or partnership interests, change the nature of its business so as to cease to be, or to withdraw its election as, a business development company.