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15 U.S.C. · Commerce and Trade
15 U.S.C. § 80a21

Loans by management companies

Ch. 2D — INVESTMENT COMPANIES AND ADVISERS
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 2D
Statutory Text

15 U.S.C. § 80a21 — Loans by management companies

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS SUBCHAPTER I - INVESTMENT COMPANIES Sec. 80a-21 - Loans by management companies From the U.S. Government Publishing Office, www.gpo.gov

§80a–21. Loans by management companies

It shall be unlawful for any registered management company to lend money or property to any person, directly or indirectly, if— (a) the investment policies of such registered company, as recited in its registration statement and reports filed under this subchapter, do not permit such a loan; or (b) such person controls or is under common control with such registered company; except that the provisions of this paragraph shall not apply to any loan from a registered company to a company which owns all of the outstanding securities of such registered company, except directors' qualifying shares.

(Aug. 22, 1940, ch. 686, title I, §21, 54 Stat. 822; Pub. L. 100–181, title VI, §615, Dec. 4, 1987, 101 Stat. 1262.)

Editorial Notes

Amendments 1987—Subsec. (b). Pub. L. 100–181 struck out "to the extension or renewal of any such loan made prior to March 15, 1940, or" after "shall not apply".

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC15-SEC-3F791D
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
15 U.S.C. § 80a21
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
a1e0a7eb60746f23...
Semantic Edges
Pending — corpus passes queued
The statutory text of 15 U.S.C. § 80a21 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 15 U.S.C. § 80a20 15 U.S.C. § 80a22 →
Ch. 2D — INVESTMENT COMPANIES AND ADVISERS
15 U.S.C. § 80a115 U.S.C. § 80a215 U.S.C. § 80a315 U.S.C. § 80a3a15 U.S.C. § 80a415 U.S.C. § 80a515 U.S.C. § 80a615 U.S.C. § 80a715 U.S.C. § 80a815 U.S.C. § 80a915 U.S.C. § 80a1015 U.S.C. § 80a1115 U.S.C. § 80a1215 U.S.C. § 80a1315 U.S.C. § 80a1415 U.S.C. § 80a1515 U.S.C. § 80a1615 U.S.C. § 80a1715 U.S.C. § 80a1815 U.S.C. § 80a1915 U.S.C. § 80a2015 U.S.C. § 80a2115 U.S.C. § 80a2215 U.S.C. § 80a2315 U.S.C. § 80a2415 U.S.C. § 80a2515 U.S.C. § 80a2615 U.S.C. § 80a2715 U.S.C. § 80a2815 U.S.C. § 80a29
15 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 15 → 15 U.S.C. § 80a21