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15 U.S.C. § 671 — Establishment; Associate Administrator; appointment and compensation

submitted 68 years ago by Pub. L. 85-699 to r/title-15-COMMERCE-AND-TRADE · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section creates the Small Business Investment Division within the Small Business Administration. The Administrator appoints its Associate Administrator, who receives the compensation set by law for other Associate Administrators.

A division called the Small Business Investment Division is established in the Small Business Administration. An Associate Administrator appointed by the Administrator heads the Division. The Associate Administrator receives the pay provided by law for other Small Business Administration Associate Administrators.
the actual law source: uscode.house.gov ↗public domain

There is hereby established in the Small Business Administration a division to be known as the Small Business Investment Division. The Division shall be headed by an Associate Administrator who shall be appointed by the Administrator, and shall receive compensation at the rate provided by law for other Associate Administrators of the Small Business Administration.

Source credit: (Pub. L. 85–699, title II, § 201, Aug. 21, 1958, 72 Stat. 690; Pub. L. 89–117, title III, § 316(b), Aug. 10, 1965, 79 Stat. 484; Pub. L. 89–779, § 2, Nov. 6, 1966, 80 Stat. 1359.)

history & why it existsrecord from the source credit
  • 1958Enacted · Pub. L. 85-699 · 72 Stat. 690
  • 1965Amended · Pub. L. 89-117 · 79 Stat. 484
  • 1966Amended · Pub. L. 89-779 · 80 Stat. 1359

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-699 on 1958-08-21.

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