[Code of Federal Regulations] [Title 16, Volume 1] [Revised as of January 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 16CFR802.40] [Page 610] TITLE 16--COMMERCIAL PRACTICES CHAPTER I--FEDERAL TRADE COMMISSION PART 802_EXEMPTION RULES--Table of Contents Sec. 802.40 Exempt formation of joint venture or other corporations. Acquisitions of the voting securities of a joint venture or other corporation at the time of formation under Sec. 801.40 shall be exempt from the requirements of the act if the joint venture or other corporation will be not for profit within the meaning of sections 501(c)(1)-(4), (6)-(15), (17)-(20) or (d) of the Internal Revenue Code.