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Form N-54A
What is it:
Form N-54A is filed by business development company who intend to be regulated by provisions of sections 55 through 65 of the Investment Company Act of 1940. These sections are shown below.
Sec. 55. Functions and Activities of Business Development Companies.
Sec. 56. Qualifications of Directors.
Sec. 57. Transactions With Certain Affiliates.
Sec. 58. Changes in Investment Policy.
Sec. 59. Incorporation of Provisions.
Sec. 60. Functions and Activities of Business Development Companies.
Sec. 61. Capital Structure.
Sec. 62. Loans.
Sec. 63. Distribution and Repurchase of Securities.
Sec. 64. Accounts and Records.
Sec. 65. Liability of Controlling Persons; Preventing Compliance With Title.
Filing Time:
Related Form(s):
Form N-54C: Filed by business development companies to withdraw the intension in Form N-54A.
Form N-6F: Notice of intent by business development companies to elect to be subject to Sections 55 through 65 of the 1940 Act.
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