Code of Federal Regulations · Section
§ 270.17d-3 — d-3 Exemption Relating To Certain Joint Enterprises Or Arrangements Concerning Payment For Distribution Of Shares Of A Registered Open-end Management Investment Company
17 C.F.R. § 270.17d-3
An affiliated person of, or principal underwriter for, a registered open-end management investment company and an affiliated person of such a person or principal underwriter shall be exempt from section 17(d) of the Act (15 U.S.C. 80a-17(d)) and rule 17d-1 thereunder (17 CFR 270.17d-1), to the extent necessary to permit any such person or principal underwriter to enter into a written agreement with such company whereby the company will make payments in connection with the distribution of its shares, Provided, That:
(a) Such agreement is made in compliance with the provisions of § 270.12b-1; and
(b) No other registered management investment company which is either an affiliated person of such company or an affiliated person of such a person is a party to such agreement.
Authorizing Statute
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Registration of securities15 U.S.C. § 77f
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Failure of corporate officers to certify financial reports18 U.S.C. § 1350
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Definitions and application15 U.S.C. § 78c
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Special powers of Commission15 U.S.C. § 77s
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Periodical and other reports15 U.S.C. § 78m