§802.30. Intraperson transactions.
16 C.F.R. § 802.30
An acquisition (other than the formation of a corporation or unincorporated entity under § 801.40 or § 801.50 of this chapter) in which the acquiring and at least one of the acquired persons are, the same person by reason of § 801.1(b)(1) of this chapter, or in the case of a not-for-profit corporation which has no outstanding voting securities, by reason of § 801.1(b)(2) of this chapter, is exempt from the requirements of the Act.
The formation of any wholly owned entity is exempt from the requirements of the Act.
For purposes of applying § 802.4(a) to an acquisition that may be reportable under § 801.40 or § 801.50, assets, voting securities, or non-corporate interests contributed by the acquiring person to a new entity upon its formation are assets, voting securities, or non- corporate interests whose acquisition by that acquiring person is exempt from the requirements of the Act.
Notes, amendments, and revision history
Amendments
[70 FR 11513, Mar. 8, 2005, as amended at 83 FR 32771, July 16, 2018]
Authority
Authority: 15 U.S.C. 18a(d).
Source
Source: 43 FR 33544, July 31, 1978, unless otherwise noted.
Amendments
[70 FR 11513, Mar. 8, 2005, as amended at 83 FR 32771, July 16, 2018]