Common use of Specific Prohibitions Clause in Contracts

Specific Prohibitions. No person covered by this Code, shall purchase or sell a security, except an Excepted Security, if there has been a determination to purchase or sell such security for the Fund or if such a purchase or sale is under consideration for the Fund, nor may such a person have any dealings in a security that he may not purchase or sell for any other account in which he has Beneficial Ownership, or disclose the information to anyone, until such purchase, sale or contemplated action has either been completed or abandoned.

Appears in 8 contracts

Samples: James Scott Fund Inc, James Scott Fund Inc, James Scott Fund Inc

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