Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section80a-26&num=0&edition=prelim
Timestamp: 2020-08-12 04:21:21
Document Index: 403486086

Matched Legal Cases: ['§ 80', '§80', '§26', '§15', '§618', '§205', '§211', '§618']

[USC02] 15 USC 80a-26: Unit investment trusts
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15 USC 80a-26: Unit investment trusts Text contains those laws in effect on August 11, 2020
§80a–26. Unit investment trusts
(a) Custody and sale of securities
No principal underwriter for or depositor of a registered unit investment trust shall sell, except by surrender to the trustee for redemption, any security of which such trust is the issuer (other than short-term paper), unless the trust indenture, agreement of custodianship, or other instrument pursuant to which such security is issued-
It shall be unlawful for any registered separate account funding variable insurance contracts, or for the sponsoring insurance company of such account, to sell any such contract-
(B) unless the insurance company-
(Aug. 22, 1940, ch. 686, title I, §26, 54 Stat. 827 ; Pub. L. 91–547, §15, Dec. 14, 1970, 84 Stat. 1424 ; Pub. L. 100–181, title VI, §§618, 619, Dec. 4, 1987, 101 Stat. 1262 ; Pub. L. 104–290, title II, §205(a), Oct. 11, 1996, 110 Stat. 3429 ; Pub. L. 106–102, title II, §211(b), Nov. 12, 1999, 113 Stat. 1396 .)
1999-Subsecs. (b) to (f). Pub. L. 106–102 added subsec. (b) and redesignated former subsecs. (b) to (e) as (c) to (f), respectively.
1996-Subsec. (e). Pub. L. 104–290 added subsec. (e).
1987-Subsec. (b). Pub. L. 100–181, §618, substituted "intended" for "intend".
1970-Subsecs. (b) to (d). Pub. L. 91–547 added subsec. (b), redesignated former subsec. (b) as (c), struck out "at the effective date of this subchapter" before "comply", substituted "contract of agreement" for "contract or agreement", and redesignated former subsec. (c) as (d).