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15 U.S.C. § 59

Title 15 Chapter 2 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 80a–59. Functions and activities of business development companies

Notwithstanding the exemption set forth in section 80a–6(f) of this title , section 80a–12 of this title shall apply to a business development company to the same extent as if it were a registered closed-end investment company, except that the Commission shall not prescribe any rule, regulation, or order pursuant to section 80a–12(a)(1) of this title governing the circumstances in which a business development company may borrow from a bank in order to purchase any security.

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