15 U.S. Code § 80a–32 - Filing of documents with Commission in civil actions
Every registered investment company which is a party and every affiliated person of such company who is a party defendant to any action or claim by a registered investment company or a security holder thereof in a derivative or representative capacity against an officer, director, investment adviser, trustee, or depositor of such company, shall file with the Commission, unless already so filed,
(1) a copy of all pleadings, verdicts, or judgments filed with the court or served in connection with such action or claim,
(3) a copy of such motions, transcripts, or other documents filed in or issued by the court or served in connection with such action or claim as may be requested in writing by the Commission. If any document referred to in clause (1) or (2)—
(A) is delivered to such company or party defendant, such document shall be filed with the Commission not later than ten days after the receipt thereof; or
Source(Aug. 22, 1940, ch. 686, title I, § 33,54 Stat. 839; Pub. L. 91–547, § 19,Dec. 14, 1970, 84 Stat. 1428.)
1970—Pub. L. 91–547inserted provision for party acting in representative capacity and substituted provisions for prompt filing with the Commission of copies of all pleadings, verdicts, judgments, settlements, compromises, or discontinuances served or filed in suits by a registered investment company or a security holder thereof against an officer, director, investment adviser, trustee, or depositor of such company and of copies of motions, transcripts, or other documents if the Commission requests them for prior requirement that registered companies and their affiliated persons who are defendants in derivative suits involving an alleged breach of official duty transmit to the Commission copies of the pleadings and the record in such actions after a settlement or compromise of the action has been approved by a court of competent jurisdiction or a verdict or final judgment on the merits has been rendered, Commission use of information, and nondisclosure of identity of persons.
Effective Date of 1970 Amendment
Amendment by Pub. L. 91–547effective Dec. 14, 1970, see section 30 ofPub. L. 91–547, set out as a note under section 80a–52 of this title.
Transfer of Functions