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Governor Signs Capital Access Company Bill

Yesterday, Governor Arnold Schwarzenegger signed into law SB 1155 (Dutton). This bill amends California’s unique Capital Access Company Law. That law was enacted to take advantage of the exemption set forth in Section 6(a)(5)(A) of the Investment Company Act of 1940.

Please see full article below for more information.


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Published In: Business Organization Updates, Election & Politics Law Updates, Finance & Banking Updates, Government Contracting Updates

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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