Investment Company Act of 1940 - Contents

Contents

• Sec. 1. Findings and Declaration of Policy.
• Sec. 2. General Definitions.
• Sec. 3. Definition of Investment Company.
• Sec. 4. Classification of Investment Companies.
• Sec. 5. Subclassification of Management Companies.
• Sec. 6. Exemptions.

• Sec. 7. Transactions by Unregistered Investment Companies.
• Sec. 8. Registration of Investment Companies.
• Sec. 9. Ineligibility of Certain Affiliated Persons and Underwriters.
• Sec. 10. Affiliations of Directors.

• Sec. 11. Offers of Exchange.
• Sec. 12. Functions and Activities of Investment Companies.
• Sec. 13. Changes in Investment Policy.
• Sec. 14. Size of Investment Companies.
• Sec. 15. Investment Advisory and Underwriting Contracts.

• Sec. 16. Changes in Board of Directors; Provisions Relative to Strict Trusts.
• Sec. 17. Transactions of Certain Affiliated Persons and Underwriters.
• Sec. 18. Capital Structure.
• Sec. 19. Dividends.
• Sec. 20. Proxies; Voting Trusts; Circular Ownership.
• Sec. 21. Loans.
• Sec. 22. Distribution, Redemption, and Repurchase of Redeemable Securities.
• Sec. 23. Distribution and Repurchase of Securities: Closed-End Companies.
• Sec. 24. Registration of Securities Under Securities Act of 1933.

• Sec. 25. Plans of Reorganization.
• Sec. 26. Unit Investment Trusts.
• Sec. 27. Periodic Payment Plans.
• Sec. 28. Face-Amount Certificate Companies.
• Sec. 29. Bankruptcy of Face-Amount Certificate Companies.

• Sec. 30. Periodic and Other Reports; Reports of Affiliated Persons.
• Sec. 31. Accounts and Records.
• Sec. 32. Accountants and Auditors.
• Sec. 33. Filing of Documents With Commission in Civil Actions.

• Sec. 34. Destruction and Falsification of Reports and Records.
• Sec. 35. Unlawful Representations and Names.
• Sec. 36. Breach of Fiduciary Duty.
• Sec. 37. Larceny and Embezzlement.

• Sec. 38. Rules, Regulations, and Orders; General Powers of Commission.
• Sec. 39. Rules and Regulations; Procedure for Issuance.
• Sec. 40. Orders; Procedure for Issuance.
• Sec. 41. Hearings by Commission.
• Sec. 42. Enforcement of Title.
• Sec. 43. Court Review of Orders.
• Sec. 44. Jurisdiction of Offenses and Suits.
• Sec. 45. Information Filed With Commission.
• Sec. 46. Annual Reports of Commission; Employees of the Commission.

• Sec. 47. Validity of Contracts.
• Sec. 48. Liability of Controlling Persons; Preventing Compliance With Title.
• Sec. 49. Penalties.

• Sec. 50. Effect on Existing Law.
• Sec. 51. Separability of Provisions.
• Sec. 52. Short Title.
• Sec. 53. Effective Date.
• Sec. 54. Election to Be Regulated As A Business Development Company.

• Sec. 55. Functions and Activities of Business Development Companies.
• Sec. 56. Qualifications of Directors.
• Sec. 57. Transactions With Certain Affiliates.
• Sec. 58. Changes in Investment Policy.
• Sec. 59. Incorporation of Provisions.
• Sec. 60. Functions and Activities of Business Development Companies.
• Sec. 61. Capital Structure.
• Sec. 62. Loans.
• Sec. 64. Accounts and Records.
• Sec. 65. Liability of Controlling Persons; Preventing Compliance With Title.