15 U.S.C. § 690 — Definitions

FEDERAL · 15 U.S.C. · Chapter 14B

Definitions

Current through Pub. L. 119-102

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

In this part:

(1)Operational assistance The term "operational assistance" means management, marketing, and other technical assistance that assists a small business concern with business development.

(2)Participation agreement The term "participation agreement" means an agreement, between the Administrator and a company granted final approval under section 690c(e) of this title, that—

(A)details the operating plan and investment criteria of the company; and

(B)requires the company to make investments in smaller enterprises primarily engaged in researching, manufacturing, developing, producing, or bringing to market goods, products, or services that generate or support the production of renewable energy.

(3)Renewable energy The term "renewable energy" means energy derived from resources

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In this part:
(1) Operational assistance
The term "operational assistance" means management, marketing, and other technical assistance that assists a small business concern with business development.
(2) Participation agreement
The term "participation agreement" means an agreement, between the Administrator and a company granted final approval under section 690c(e) of this title, that—
(A) details the operating plan and investment criteria of the company; and
(B) requires the company to make investments in smaller enterprises primarily engaged in researching, manufacturing, developing, producing, or bringing to market goods, products, or services that generate or support the production of renewable energy.
(3) Renewable energy
The term "renewable energy" means energy derived from resources that are regenerative or that cannot be depleted, including solar, wind, ethanol, and biodiesel fuels.
(4) Renewable Fuel Capital Investment company
The term "Renewable Fuel Capital Investment company" means a company—
(A) that—
(i) has been granted final approval by the Administrator under section 690c(e) of this title; and
(ii) has entered into a participation agreement with the Administrator; or
(B) that has received conditional approval under section 690c(c) of this title.
(5) State
The term "State" means each of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, and any other commonwealth, territory, or possession of the United States.
(6) Venture capital
The term "venture capital" means capital in the form of equity capital investments, as that term is defined in section 683(g)(4) of this title.

15 U.S.C. § 690 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 85–699, title III, §381, as added Pub. L. 110–140, title XII, §1207, Dec. 19, 2007, 121 Stat. 1774.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Effective Date
Part effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.