Sec. 601. SHAREHOLDER THRESHOLD FOR REGISTRATION
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## SEC. 601 SHAREHOLDER THRESHOLD FOR REGISTRATION ###
(a)Amendments to Section 12 of the Securities Exchange Act of 1934 Section 12(g) of the Securities Exchange Act of 1934 (15 U.S.C. 78l(g)) is further amended— ####
(1)in paragraph (1), by amending subparagraph
(B)to read as follows: > > ##### “(B) > > in the case of an issuer that is a bank or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), not later than 120 days after the last day of its first fiscal year ended after the effective date of this subsection, on which the issuer has total assets exceeding $10,000,000 and a class of equity security (other than an exempted security) held of record by 2,000 or more persons,” > ; and ####
(2)in paragraph (4), by striking “three hundred” and inserting “300 persons, or, in the case of a bank or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), 1,200 persons”. ###
(b)Amendments to Section 15 of the Securities Exchange Act of 1934 Section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78o(d)) is amended, in the third sentence, by striking “three hundred” and inserting “300 persons, or, in the case of bank or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), 1,200 persons”.
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