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Voting trust certificate Definition
Voting trust certificate Definition - Trends
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"Advisory board" means a board, whether elected or appointed, which is distinct from the board of directors or board of trustees, of an investment company, and which is composed solely of persons who do not serve such company in any other capacity, whether or not the functions of such board are such as to render its members "directors" within the definition of that term, which board has advisory functions as to investments but has no power to determine that any security or other investment shall be purchased or sold by such company. ...
1. The act or process of controlling by rule or restriction
. 2. BYLAW (I) . 3. A rule or order, having legal force, usu. issued by an administrative agency . - Abbr. reg; Reg. - Also termed (in sense 3) agency regulation; subordinate legislation; delegated legislation. See MERIT REGULATION. merit regulation. Under state blue-sky laws, the practice of requiring securities offerings not only to be accompanied by a full and ... Read More
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