The 1940 Act definition

The 1940 Act means the Investment Company Act of 1940, as amended from time to time.
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Examples of The 1940 Act in a sentence

  • As used in this Declaration, the following terms shall have the following meanings: The "1940 Act" refers to the Investment Company Act of 1940 and the rules and regulations promulgated thereunder and exemptions granted therefrom, as amended from time to time.

  • The 1940 Act Notification complied in all material respects with the requirements of the 1940 Act and the Rules and Regulations thereunder and did not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading.

  • The "1940 Act" refers to the Investment Company Act of 1940 and the rules and regulations promulgated thereunder and applicable exemptions granted therefrom, as amended from time to time.

  • The "1940 Act" refers to the Investment Company Act of 1940 and the rules and regulations promulgated thereunder and exemptions granted therefrom, as amended from time to time.

  • As used in this Agreement and Declaration of Trust, the following terms shall have the following meanings: The "1940 Act" refers to the Investment Company Act of 1940 and the regulations promulgated thereunder, as amended from time to time.

  • The 1940 Act limits the ability of investment companies to borrow and lend money and to underwrite securities.

  • The 1940 Act grants the holders of preferred stock the right to elect at least two Trustees at all times (the “Preferred Share Trustees”) and the remaining Trustees will be elected by the holders of common stock and preferred stock voting as a single class.

  • The 1940 Act provides a temporary exemption to the approval requirements of an investment advisory agreement, if a prior advisory contract is terminated, which allows the Board of Directors (the "Board") (including a majority of the independent directors) to approve an interim investment advisory contract.

  • As used in this Declaration, the following terms ----------- shall have the following meanings: The "1940 Act" refers to the Investment Company Act of 1940 and the -------- rules and regulations promulgated thereunder and exemptions granted therefrom, as amended from time to time.

  • The 1940 Act currently prohibits an open-end fund from issuing senior securities, as defined in the 1940 Act, except under very limited circumstances.

Related to The 1940 Act

  • 1940 Act means the Investment Company Act of 1940, as amended.

  • 40 Act means the Investment Company Act of 1940, as amended.

  • the 1980 Act means the Highways Act 1980(3);

  • Investment Company Act of 1940 means the Investment Company Act of 1940, as amended, and the rules and regulations thereunder.

  • the 1993 Act means the Pension Schemes Act 1993; "the 1995 Act" means the Pensions Act 1995;