Volume 84
Public Law 91–565
To amend section 3(b) of the Securities Act of 1933 to permit the exemption of security issues, not exceeding $500,000 in aggregate amount, from the provisions of such Act.
Approved December 19, 1970
Statutory text
AN ACT
To amend section 3(b) of the Securities Act of 1933 to permit the exemption of security issues, not exceeding $500,000 in aggregate amount, from the provisions of such Act.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 3(b) of the Securities Act of 1933 (15 U.S.C. 77c. (b)) is amended by striking out “$300,000” and inserting in lieu thereof “$500,000”.
Approved December 19, 1970.