§801.21. Securities and cash not considered assets when acquired.
16 C.F.R. § 801.21
For purposes of determining the aggregate total amount of assets under Section 7A(a)(2)(A), Section 7A(a)(2)(B)(i), Sec. 801.13(b), and Sec. 802.4:
Cash shall not be considered an asset of the person from which it is acquired; and
Neither voting or nonvoting securities nor obligations referred to in section 7A(c)(2) shall be considered assets of another person from which they are acquired.
Notes, amendments, and revision history
Amendments
[43 FR 33537, July 31, 1978, as amended at 66 FR 8690, Feb. 1, 2001; 68 FR 2430, Jan. 17, 2003; 70 FR 4992, Jan. 31, 2005]
Authority
Authority: 15 U.S.C. 18a(d); 15 U.S.C. 18b.
Source
Source: 43 FR 33537, July 31, 1978, unless otherwise noted.
Amendments
[43 FR 33537, July 31, 1978, as amended at 66 FR 8690, Feb. 1, 2001; 68 FR 2430, Jan. 17, 2003; 70 FR 4992, Jan. 31, 2005]