Article 19. Restrictions on the disposal of investment assets of a mutual fund

On investment and mutual funds (LRU-392-son) · Date: 25.08.2015 · In force

Funds of a mutual fund cannot be:

invested in the amount of more than 10 percent of the fundʼs investment assets in securities of one issuer or in the shares of a limited liability company;

invested in securities and shares of business entities, the legal form of which provides for additional liability of their participants;

invested in securities issued by the trustee, audit organizations, as well as on the acquisition of a share in their authorized capital;

used in areas not related to investment activity;

invested in a total amount of more than 10 percent of the fundʼs investment assets (other than investing in securities).

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4610865

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Cite as: Article 19. Restrictions on the disposal of investment assets of a mutual fund On investment and mutual funds (LRU-392-son). neolex.uz/en/laws/law-2731865/19 (lex.uz/docs/4610865)