General Rules and Regulations
promulgated
under the
Securities Act of 1933
Rule 459 -- Calculation of Effective Date
Saturdays, Sundays and holidays shall be counted in computing the effective date
of registration statements under section 8(a)
of the act. In the case of statements which become effective on the twentieth day
after filing, the twentieth day shall be deemed to begin at the expiration of nineteen
periods of 24 hours each from 5:30 p.m. eastern standard time or eastern daylight-saving
time, whichever is in effect at the principal office of the Commission on the date
of filing.
Notice to Users: The Deskbook is made available
with the understanding that the University of Cincinnati College
of Law is not engaged in rendering legal, accounting or other professional
services. If legal advice or other expert assistance is required,
the services of a competent professional person should be sought. See Terms and Conditions of Use.