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protective decree

Defined in 1 dictionary — U.S. Code

United States Code

15 U.S.C. § 78LLL — for purposes of this chapter (2 versions over time)

The term “protective decree” means a decree, issued by a court upon application of SIPC under section 78eee(a)(3) of this title, that the customers of a member of SIPC are in need of the protection provided under this chapter.