Fillable Form N-54a Notification Of Election To Be Subject To Sections (Page 2 of 2) in pdf

INSTRUCTIONS FOR FORM N-54A

Read instructions carefully before preparing the notification of election. A notification of election may be returned as not

acceptable for filing unless it is prepared, executed, and filed substantially in accordance with these instructions. This form is

not to be used as a blank form to be filled in, but only as a guide in the preparation of a notification of election. The form should

be filed on paper 8 1/2 x 11 inches in size.

(a)

This form shall be used as the notification of election to be subject to sections 55 through 65 of the Act filed with the

Commission pursuant to section 54(a) of the Act.

(b)

Signature.

An original and seven copies of each notification of election shall be filed. The seven copies of the notification of election

may have facsimile or typed signatures. If the company is a business development company having a board of directors, the

original notification of election shall be signed on behalf of the company by a director, officer, or trustee. If the company is a

partnership, the original notification shall be signed by a general partner.

(c)

Filing.

The notification of election and all inquiries and communications with respect thereto shall be forwarded to the Securities

and Exchange Commission, Washington, D.C. 20549.

(d)

Fee.

There is no fee charged for filing the notification of election.

(e)

Rule 12g-2.

Only companies with a class of equity securities that would have been required to be registered pursuant to section 12(g)(1)

of the Securities Exchange Act of 1934 except for the exemption from registration under section 12(g)(2)(B), and that is held

of record by at least 300 persons, may rely on rule 12g-2. All other companies must register a class of equity securities under

section 12 of the Securities Exchange Act of 1934 before or simultaneously with the filing of this notification of election.

(f)

Name.

In selecting a name a company should consider the following: (a) section 35(d) of the Act; (b) the current list of companies

registered under the Act (in order to ascertain if the name is similar to that of any existing company); and (c) its corporate

policies.

(g)

SEC’s Collection of Information.

An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays

a currently valid control number. Filing of this Form is mandatory. The principal purpose of this collection of information is to

notify the Commission that the undersigned business development company elects to be subject to the provisions of sections 55

through 65 of the Act. The commission estimates that the burden for completing the Form will be approximately 0.5 hours per

filing. Any person may direct to the Commission any comments concerning the accuracy of the burden estimate of this Form

and any suggestions for reducing this burden. This collection of information has been reviewed by the Office of Management

and Budget in accordance with the clearance requirements of 44 U.S.C. § 3507. The responses to the collection of information

will not be kept confidential.

Form N-54a Notification Of Election To Be Subject To Sections Page 2