CITE
15 USC Sec. 80a-57 01/05/2009
EXPCITE
TITLE 15 - COMMERCE AND TRADE
CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
SUBCHAPTER I - INVESTMENT COMPANIES
HEAD
Sec. 80a-57. Changes in investment policy
STATUTE
No business development company shall, unless authorized by the
vote of a majority of its outstanding voting securities or
partnership interests, change the nature of its business so as to
cease to be, or to withdraw its election as, a business development
company.
SOURCE
(Aug. 22, 1940, ch. 686, title I, Sec. 58, as added Pub. L. 96-477,
title I, Sec. 105, Oct. 21, 1980, 94 Stat. 2285.)