CITE

    15 USC Sec. 80a-39                                          01/05/2009

EXPCITE

    TITLE 15 - COMMERCE AND TRADE
    CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
    SUBCHAPTER I - INVESTMENT COMPANIES

HEAD

    Sec. 80a-39. Procedure for issuance of orders

STATUTE

    (a) Notice and hearing
      Orders of the Commission under this subchapter shall be issued
    only after appropriate notice and opportunity for hearing. Notice
    to the parties to a proceeding before the Commission shall be given
    by personal service upon each party or by registered mail or
    certified mail or confirmed telegraphic notice to the party's last
    known business address. Notice to interested persons, if any, other
    than parties may be given in the same manner or by publication in
    the Federal Register.
    (b) Application verified under oath admissible as evidence
      The Commission may provide, by appropriate rules or regulations,
    that an application verified under oath may be admissible in
    evidence in a proceeding before the Commission and that the record
    in such a proceeding may consist, in whole or in part, of such
    application.
    (c) Parties
      In any proceeding before the Commission, the Commission, in
    accordance with such rules and regulations as it may prescribe,
    shall admit as a party any interested State or State agency, and
    may admit as a party any representative of interested security
    holders, or any other person whose participation in the proceeding
    may be in the public interest or for the protection of investors.

SOURCE

    (Aug. 22, 1940, ch. 686, title I, Sec. 40, 54 Stat. 842; Pub. L. 86-
    507, Sec. 1(15), June 11, 1960, 74 Stat. 201.)

AMENDMENTS

      1960 - Subsec. (a). Pub. L. 86-507 inserted "or certified mail"
    after "registered mail".

TRANSFER OF FUNCTIONS

      For transfer of functions of Securities and Exchange Commission,
    with certain exceptions, to Chairman of such Commission, see Reorg.
    Plan No. 10 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175,
    64 Stat. 1265, set out under section 78d of this title.
Customized queries of TRAC's data TRAC FBI Web Site TRAC DEA Web Site TRAC Immigration Web Site TRAC DHS Web Site TRAC IRS Web Site TRAC ATF Web Site TRAC Reports Web Site
Transactional Records Access Clearinghouse, Syracuse University
Copyright 2010
TRAC Web Site