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Code · BILL · 114th Congress · H.R. 22 (EAH) — 114 HR 22 EAH: Surface Transportation Reauthorization and Reform Act of 2015 · Sec. 74002

Sec. 74002. Advisers of SBICs and private funds

91 words·~1 min read·/bill/114/hr/22/eah/section-74002

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Section 203(m) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–3(m) ) is amended by adding at the end the following: For purposes of this subsection, the assets under management of a private fund that is an entity described in subparagraph (A), (B), or
(C)of subsection (b)(7) (other than an entity that has elected to be regulated or is regulated as a business development company pursuant to section 54 of the Investment Company Act of 1940) shall be excluded from the limit set forth in paragraph (1). .
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  • 15 USC 80b–3(m)
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Sec. 74002
Advisers of SBICs and private funds
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