Regulatory Text

13 C.F.R. § 107.115 — 1940 Act and 1980 Act Companies.

§ 107.115 1940 Act and 1980 Act Companies. A 1940 Act or 1980 Act Company is eligible to apply for an SBIC license, and an existing Licensee is eligible to apply for SBA's approval to convert to a 1940 Act or 1980 Act Company. In either case, the 1940 Act or 1980 Act Company may elect to be taxed as a regulated investment company under section 851 of the Internal Revenue Code of 1986, as amended (26 U.S.C. 851). However, a Licensee making such election may make Distributions only as permitted under the applicable sections of this part (see the definition of Retained Earnings Available for Distribution, § 107.585, and §§ 107.1540 through 107.1580).

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗

Root-LD Entity Data

◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org

Federation ID

BS-CFR13-SEC-5EC65F

Entity Class

REGULATION / FEDERAL-CFR-SECTION

Domain Signature

boisestandard.org

Citation

13 C.F.R. § 107.115

Corpus

CFR — Code of Federal Regulations

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

b7829db5ea099c28...

Semantic Edges

Pending — corpus passes queued

The regulatory text of 13 C.F.R. § 107.115 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.

Navigate Corpus — Title 13 C.F.R.

← 13 C.F.R. § 107.100 13 C.F.R. § 107.120 →

Title 13 — Business Credit and Assistance

13 C.F.R. — public domain ← All Legislation