Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 16 - Commercial Practices |
Chapter I - Federal Trade Commission |
SubChapter H - Rules, Regulations, Statements and Interpretations Under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 |
Part 802 - Exemption Rules |
§ 802.65 - Exempt acquisition of non-corporate interests in financing transactions.
Latest version.
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§ 802.65 Exempt acquisition of non-corporate interests in financing transactions.
An acquisition of non-corporate interests that confers control of a new or existing unincorporated entity is exempt from the notification requirements of the Act if:
(a) The acquiring person is contributing only cash to the unincorporated entity;
(b) For the purpose of providing financing; and
(c) The terms of the financing agreement are such that the acquiring person will no longer control the entity after it realizes its preferred return.
[70 FR 11514, Mar. 8, 2005]