15 U.S.C. § 689b — Establishment

FEDERAL · 15 U.S.C. · Chapter 14B

Establishment

Current through Pub. L. 119-102

Title 15 — Commerce and Trade·Ch. 14B — SMALL BUSINESS INVESTMENT PROGRAM·Subch. III·Pt. B

In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may—

(1)enter into participation agreements with companies granted final approval under section 689c(e) of this title for the purposes set forth in section 689a of this title;

(2)guarantee the debentures issued by New Markets Venture Capital companies as provided in section 689d of this title; and

(3)make grants to New Markets Venture Capital companies, and to other entities, under section 689g of this title.

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In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may—
(1) enter into participation agreements with companies granted final approval under section 689c(e) of this title for the purposes set forth in section 689a of this title;
(2) guarantee the debentures issued by New Markets Venture Capital companies as provided in section 689d of this title; and
(3) make grants to New Markets Venture Capital companies, and to other entities, under section 689g of this title.

15 U.S.C. § 689b (Establishment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 85–699, title III, §353, as added Pub. L. 106–554, §1(a)(8) [§1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–655.)

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History