Securities Lawyer's Deskbook
                         published by The University of Cincinnati College of Law
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Rules and Regulations
promulgated
under the
Investment Company Act of 1940





Rule 60a-1 -- Exemption for Certain Business Development Companies


Section 12(d)(1) (A) and (C) of the Act shall not apply to the acquisition by a business development company of the securities of a small business investment company licensed to do business under the Small Business Investment Act of 1958 which is operated as a wholly-owned subsidiary of the business development company.


Regulatory History


46 FR 16674, Mar. 13, 1981



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