Sec. 501 Businesses making income share agreements excluded from investment company treatment
Section 3(c) of the Investment Company Act of 1940 (15 U.S.C. 80a–3(c)) is amended—
in paragraph (4), by inserting after “industrial banking,” the following: “income share agreements (as defined under section 102 of the Investing in Student Success Act of 2014),”; and
in paragraph (5), by inserting “, including income share agreements” after “services” each place such term appears.