15 USC 80a-53 - Election to be regulated as business development company

U.S Code last checked for updates: Nov 22, 2024

§ 80a–53.

Election to be regulated as business development company

(a)

Eligibility

Any company defined in section 80a–2(a)(48)(A) and (B) of this title may elect to be subject to the provisions of sections 80a–54 through 80a–64 of this title by filing with the Commission a notification of election, if such company—

(1)

has a class of its equity securities registered under section 78l of this title; or

(2)

has filed a registration statement pursuant to section 78l of this title for a class of its equity securities.

(b)

Form and manner of notification; effect

(c)

Revocation or withdrawal of election

(Aug. 22, 1940, ch. 686, title I, § 54, as added Pub. L. 96–477, title I, § 105, Oct. 21, 1980, 94 Stat. 2278; amended Pub. L. 100–181, title VI, § 625, Dec. 4, 1987, 101 Stat. 1262.)

cite as: 15 USC 80a-53