PRICA definition

PRICA means the Puerto Rico Investment Companies Act of 1954, as amended, and the rules and regulations thereunder.
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Examples of PRICA in a sentence

  • All compliance, obligations or duties of the Fund with respect to PRICA, including but not limited to any regulatory filings or communications, shall be solely the obligation of the Fund.

  • The board of directors of the Registered Funds operate in all material respects in conformity with the requirements and restrictions of the PRICA and the ruling letters issued to the Registered Funds by the Office of the Commissioner.

  • Each of the Investment Companies that is registered or required to be registered under the PRICA (each, a "Registered Fund") is governed by a board of directors consisting of at least a majority of directors who are not "affiliated persons" (as defined in the PRICA) of the Registered Funds or the Company (or its Subsidiary).

Related to PRICA

  • Argentina means the Republic of Argentina.

  • RICA means the Regulation of Interception of Communications and Provision of Communications Related Information Act 70 of 2003, as amended from time to time, and its related regulations as published in the Government Gazette;

  • Mexico means the United Mexican States.

  • Chile means the Republic of Chile.

  • LDA means a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.