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  2. Uniform Prudent Management of Institutional Funds Act

    en.wikipedia.org/wiki/Uniform_Prudent_Management...

    Many states have adopted an optional provision to limit the spending to 7% unless the board can show that the spending meets UPMIFA's standards of prudence. This board-approved spending policy must be based on the average market value of the endowment investments over the 12 quarters (or more) immediately preceding the calculation.

  3. Equity Linked Savings Scheme - Wikipedia

    en.wikipedia.org/wiki/Equity_Linked_Savings_Scheme

    [1] [2] They offer tax benefits under the Section 80C of Income Tax Act 1961. [3] ELSSes can be invested using both SIP (Systematic Investment Plan) and lump sums investment options. [4] [5] [6] There is a three years lock-in period, and thus has better liquidity compared to other options like NSC and Public Provident Fund. [7]

  4. Oil depletion allowance - Wikipedia

    en.wikipedia.org/wiki/Oil_depletion_allowance

    The oil depletion allowance in American (US) tax law is a tax break claimable by anyone with an economic interest in a mineral deposit or standing timber. [citation needed] The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital loss) against income.

  5. California rule sets emission requirements but doesn't ban RV ...

    www.aol.com/california-rule-sets-emission...

    The manufacturer said "there is some potential" that the sales of its Class A RVs in California will be limited but the class represented less than 1% of its sales in North America, of which only ...

  6. Regulation D (SEC) - Wikipedia

    en.wikipedia.org/wiki/Regulation_D_(SEC)

    In Rules 504 and 505, Regulation D implements §3(b) of the Securities Act of 1933 (also referred to as the '33 Act), which allows the SEC to exempt issuances of under $5,000,000 from registration. It also provides (in Rule 506) a "safe harbor" under §4(a)(2) of the '33 Act (which says that non-public offerings are exempt from the registration ...

  7. Obscure rule leads to Chargers getting 1st made fair catch ...

    www.aol.com/sports/obscure-rule-leads-chargers...

    It takes a specific circumstance for an NFL team to try a fair catch free kick. That's why one hadn't been made in almost 50 years. On Thursday night, viewers got a lesson on a little-known rule ...

  8. Investment Company Act of 1940 - Wikipedia

    en.wikipedia.org/wiki/Investment_Company_Act_of_1940

    The Investment Company Act of 1940 (commonly referred to as the '40 Act) is an act of Congress which regulates investment funds. It was passed as a United States Public Law ( Pub. L. 76–768 ) on August 22, 1940, and is codified at 15 U.S.C. §§ 80a-1 – 80a-64 .

  9. Social Security Fairness Act could restore benefits, but ...

    www.aol.com/social-security-fairness-act-could...

    Later, she became a public school teacher in the San Francisco Bay Area, paying into CalSTRS, California's educator pension fund. However, her plans for retirement took an unexpected turn when she ...