EXCHANGES #15 15 USC CHAPTER 2D – INVESTMENT COMPANIES AND ADVISERS

uscode.house.gov Text note below. -End- -CITE- 15 USC Sec. 80a-2 01/03/2007 -EXPCITE- TITLE 15 – COMMERCE AND TRADE CHAPTER 2D – INVESTMENT COMPANIES AND ADVISERS SUBCHAPTER I – INVESTMENT COMPANIES -HEAD- Sec. 80a-2. Definitions; applicability; rulemaking considerations -STATUTE- (a) Definitions When used in this subchapter, unless the context otherwise requires – (1) “Advisory board” means a board, whether elected or appointed, which is distinct from the board of directors or board of trustees, of an investment company, and which is composed solely of persons who do not serve such company in any other capacity, whether or not the functions of such board are such as to render its members “directors” within the definition of that term, which board