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7 U.S.C. § 2009cc — Repealed. Pub. L. 118–272, div. B, title II, § 2254(b), Jan. 4, 2025, 138 Stat. 3213

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 2009cc — Repealed. Pub. L. 118–272, div. B, title II, § 2254(b), Jan. 4, 2025, 138 Stat. 3213

### Statutory Notes Section, Pub. L. 87–128, title III, § 383O, formerly § 383N, as added Pub. L. 107–171, title VI, § 6028, May 13, 2002, 116 Stat. 387; renumbered § 383O and amended Pub. L. 110–234, title VI, § 6026(c)(1)(A), (k), May 22, 2008, 122 Stat. 1178, 1182, and Pub. L. 110–246, § 4(a), title VI, § 6026(c)(1)(A), (k), June 18, 2008, 122 Stat. 1664, 1940, 1943; Pub. L. 113–79, title VI, § 6027(c), Feb. 7, 2014, 128 Stat. 850, terminated authority under this subchapter.

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Source file: Laws/federal/codes/united-states-code/title-7/section-2009cc-repealed-pub-l-118272-div-b-title-ii-2254-b-jan-4-2025-138-stat-3213--4b5f8c7b4b.md
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Source location: Title 7, Chapter 50, § 2009cc; chapter-050-agricultural-credit.md

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 80b–3 — Registration of investment advisers

**(a) Necessity of registration** Except as provided in subsection (b) and [section 80b–3a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section80b-3a&num=0&edition=prelim), it shall be unlawful for any investment adviser, unless registered under this section, to make use of the mails or any means or instrumentality of interstate commerce in connection with his or its business as an investment adviser. **(b) Investment advisers who need not be registered** The provisions of subsection (a) shall not apply to— (1) any investment adviser, other than an investment adviser who acts as an investment adviser to any private fund, all of whose clients are residents of the State within which such investment adviser maintains his or its principal office and place of business, and who does not furnish advice or issue analyses or reports with respect to securities listed or admitted to unlisted trading privileges on any national securities exchange; (2) any investment adviser whose only clients are insurance companies; (3) any investment adviser that is a foreign private adviser; (4) any investment adviser that is a charitable organization, as defined in [section 80a–3(c)(10)(D) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section80a–3/c/10/D&num=0&edition=prelim), or is a trustee, director, officer, employee, or volunteer of such a charitable organization acting within the scope of such person’s employment or duties with such organization, whose advice, analyses, or reports are provided only to one or more of the following: (A) any such charitable organization; (B) a fund that is excluded from the definition of an investment company under [section 80a–3(c)(10)(B) of this title](https://uscode.ho

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 2009cc — Definitions

Page 1215 TITLE 7—AGRICULTURE § 2009cc PRIOR PROVISIONS A prior section 383M of Pub. L. 87–128, title III, was renumbered section 383N and is classified to section 2009bb–12 of this title. § 2009bb–12. Authorization of appropriations (a) In general There is authorized to be appropriated to the Authority to carry out this subchapter $40,000,000 for each of fiscal years 2025 through 2029, to remain available until expended. (b) Administrative expenses Not more than 5 percent of the amount appro- priated under subsection (a) for a fiscal year shall be used for administrative expenses of the Authority. (c) Minimum State share of grants Notwithstanding any other provision of this subchapter, for any fiscal year, the aggregate amount of grants received by a State and all persons or entities in the State under this sub- chapter shall be not less than 1⁄3 of the product obtained by multiplying— (1) the aggregate amount of grants under this subchapter for the fiscal year; and (2) the ratio that— (A) the population of the State (as deter- mined by the Secretary of Commerce based on the most recent decennial census for which data are available); bears to (B) the population of the region (as so de- termined). (Pub. L. 87–128, title III, § 383N, formerly § 383M, as added Pub. L. 107–171, title VI, § 6028, May 13, 2002, 116 Stat. 387; renumbered § 383N and amend- ed Pub. L. 110–234, title VI, § 6026(c)(1)(A), (j), May 22, 2008, 122 Stat. 1178, 1182, and Pub. L. 110–246, § 4(a), title VI, § 6026(c)(1)(A), (j), June 18, 2008, 122 Stat. 1664, 1940, 1943; Pub. L. 113–79, title VI, § 6027(b), Feb. 7, 2014, 128 Stat. 850; Pub. L. 118–272, div. B, title II, § 2254(a), Jan. 4, 2025, 138 Stat. 3213.) Editorial Notes CODIFICATION Pub. L. 110–234 and Pub

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