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42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 9675

Applicability of securities laws

Ch. 103 — COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 103
Statutory Text

42 U.S.C. § 9675 — Applicability of securities laws

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 103 - COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY SUBCHAPTER IV - POLLUTION INSURANCE Sec. 9675 - Applicability of securities laws From the U.S. Government Publishing Office, www.gpo.gov

§9675. Applicability of securities laws

(a) Ownership interests The ownership interests of members of a risk retention group shall be considered to be— (1) exempted securities for purposes of section 77e of title 15 and for purposes of section 78l of title 15; and (2) securities for purposes of the provisions of section 77q of title 15 and the provisions of section 78j of title 15. (b) Investment Company Act A risk retention group shall not be considered to be an investment company for purposes of the Investment Company Act of 1940 (15 U.S.C. 80a–1 et seq.). (c) Blue sky law The ownership interests of members in a risk retention group shall not be considered securities for purposes of any State blue sky law.

(Pub. L. 96–510, title IV, §405, as added Pub. L. 99–499, title II, §210(a), formerly §210, Oct. 17, 1986, 100 Stat. 1719; renumbered §210(a), Pub. L. 99–563, §11(c)(1), Oct. 27, 1986, 100 Stat. 3177.)

Editorial Notes

References in Text The Investment Company Act of 1940, referred to in subsec. (b), is title I of act Aug. 22, 1940, ch. 686, 54 Stat. 789, which is classified generally to subchapter I (§80a–1 et seq.) of chapter 2D of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see section 80a–51 of Title 15 and Tables.

Source: uscode.house.gov — public domain Official Source ↗
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42 U.S.C. § 9675
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The statutory text of 42 U.S.C. § 9675 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 42 U.S.C. § 9674 42 U.S.C. § 9701 →
Ch. 103 — COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY
42 U.S.C. § 960142 U.S.C. § 960242 U.S.C. § 960342 U.S.C. § 960442 U.S.C. § 960542 U.S.C. § 960642 U.S.C. § 960742 U.S.C. § 960842 U.S.C. § 960942 U.S.C. § 961042 U.S.C. § 961142 U.S.C. § 961242 U.S.C. § 961342 U.S.C. § 961442 U.S.C. § 961542 U.S.C. § 961642 U.S.C. § 961742 U.S.C. § 961842 U.S.C. § 961942 U.S.C. § 962042 U.S.C. § 962142 U.S.C. § 962242 U.S.C. § 962342 U.S.C. § 962442 U.S.C. § 962542 U.S.C. § 962642 U.S.C. § 962742 U.S.C. § 962842 U.S.C. § 963142 U.S.C. § 9641
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