 What act of 1940 was amended to make Borrower and Op Co Pledgor an investment company?
Neither Borrower nor Op Co Pledgor is (a) an “investment company” or a company “controlled” by an “investment company,” within the meaning of the Investment Company Act of 1940, as amended; or (b) subject to any other federal or state law or regulation which purports to restrict or regulate its ability to borrow money.
the Investment Company Act