Title 15 — Commerce and TradeRelease 119-73not60
§77hh Assessments by Corporation on Holders of Foreign Securities
Title 15 › Chapter 2A— SECURITIES AND TRUST INDENTURES › Subchapter II— FOREIGN SECURITIES › § 77hh
Summary
Corporation may charge fees split proportionally among holders of deposited foreign securities. A deposit fee can't exceed 0.2% of face value; extra fees must relate to operating and negotiation costs, including 77dd and 77ee, and can't exceed 1%.
Full Legal Text
Title 15, §77hh
Commerce and Trade — Source: USLM XML via OLRC
The Corporation may in its discretion levy charges, assessed on a pro rata basis, on the holders of foreign securities deposited with it: Provided, That any charge levied at the time of depositing securities with the Corporation shall not exceed one fifth of 1 per centum of the face value of such securities: Provided further, That any additional charges shall bear a close relationship to the cost of operations and negotiations including those enumerated in section 77dd and 77ee of this title and shall not exceed 1 per centum of the face value of such securities.
Reference
Citations & Metadata
Citation
15 U.S.C. § 77hh
Title 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60