517 – How Net Earnings Credited for Dividend Purposes, Credits to Surplus Fund and to Undivided Profits, Dividends to Stockholders.
§ 517. How net earnings credited for dividend purposes, credits to surplus fund and to undivided profits, dividends to stockholders. When the net earnings of an investment company having preferred shares issued and outstanding have been determined at the close of a dividend period, if the surplus fund does not equal twenty per centum of […]
518 – Payment of Claims by Investment Companies Where Adverse Claim Is Asserted; Effect of Claims or Advices Originating In, and Statutes, Rules or Regulati
§ 518. Payment of claims by investment companies where adverse claim is asserted; effect of claims or advices originating in, and statutes, rules or regulations purporting to be in force in occupied territory. 1. Notice to any investment company of an adverse claim to a credit standing on its books to the account of any […]
508 – General Powers.
§ 508. General powers. In addition to the powers conferred by article fifteen of this chapter, an investment company may, subject to the restrictions and limitations contained in this article, have the following powers: 1. (a) To borrow and lend money, with or without real or personal security; as principal or agent, to purchase, discount, […]
507 – Limited Liability Investment Companies.
§ 507. Limited liability investment companies. 1. Investment companies which (a) do not accept or maintain credit balances or deposits in the United States, (b) do not engage in any business activity in the United States except as an incident to their international or foreign business or operations, and (c) conduct business in compliance with […]