Securities and Exchange Commission
Washington, D.C. 20549
FORM N-54A
NOTIFICATION OF ELECTION TO BE SUBJECT TO SECTIONS 55 THROUGH 65 OF THE
INVESTMENT COMPANY ACT OF 1940 FILED PURSUANT TO SECTION 54(a) OF THE ACT
The undersigned business development company hereby notifies the Securities
and Exchange Commission that it elects, pursuant to the provisions of section
54(a) of the Investment Company Act of 1940 (the "Act"), to be subject to the
provisions of sections 55 through 65 of the Act and, in connection with such
notification of election, submits the following information:
Name: Elk Associates Funding Corporation
Address of Principal Business Office (No. & Street, City, State, Zip Code):
747 Third Avenue, 4th Floor, New York, NY 10017
Telephone Number (including area code):
1-800-214-1047 (212) 355-2449
Name and address of agent for service of process:
Gary C. Granoff, President, Elk Associates Funding Corporation,
747 Third Avenue, 4th Floor, New York, NY 10017
Check one of the following:
[X] The company has filed a registration statement for a class of equity
securities pursuant to section 12 of the Securities Exchange Act of 1934. Give
the file number of the registration statement or, if the file number is unknown
or has not yet been assigned, give the date on which the registration statement
was filed:
0-22153
[ ] The company is relying on rule 12g-2 under the Securities Exchange Act of
1934 in lieu of filing a registration statement for a class of equity securities
under that Act.
The file number of the registration as an investment company pursuant to
section 8(a) of the Act, if any, of the company:
811-3786
The file number of the registration as an investment company pursuant to
section 8(a) of the Act, if any, of any subsidiary of the company:
The undersigned company certifies that it is a closed-end company organized
under the laws of New York and with its principal place of business in New York;
that it will be operated for the purpose of making investments in securities
described in sections 55(a)(1) through (3) of the Investment Company Act of
1940; and that it will make available significant managerial assistance with
respect to issuers of such securities to the extent required by the Act.
Pursuant to the requirements of the Act, the undersigned company has caused
this notification of election to be subject to sections 55 through 65 of the
Investment Company Act of 1940 to be duly signed on its behalf in the city of
New York and state of New York on the ____ day of September, 1998.
[SEAL]
Signature /s/ GARY G. GRANOFF
------------------------
ELK ASSOCIATES FUNDING CORPORATION
(Name of Company)
By: Gary C. Granoff
(Name of director, officer or general partner
signing on behalf of the company)
President
(Title)
Attest: /s/ MARGARET CHANCE
---------------------------
Margaret Chance, Secretary
