ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

15 U.S.C. § 689kExaminations

submitted 26 years ago by Pub. L. 85-699 to r/title-15-COMMERCE-AND-TRADE · 144 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Examinations. It states the conditions, exceptions, and procedures in the provisions below.

(a) In general Each New Markets Venture Capital company that participates in the program established under this part must be subject to examinations made at the direction of the Investment Division of the Small Business Administration under this section. (b) Assistance of private sector entities Examinations under this section may be conducted with the assistance of a private sector entity that has both the qualifications and the expertise necessary to conduct such examinations. (c) Costs (1) 1 Assessment (A) In general The Administrator may assess the cost of examinations under this section, including compensation of the examiners, against the company examined. (B) Payment Any company against which the Administrator assesses costs under this paragraph must pay such costs. (d) Deposit of funds Funds collected under this section must be deposited in the account for salaries and expenses of the Small Business Administration.
the actual law source: uscode.house.gov ↗public domain
(a) In general

Each New Markets Venture Capital company that participates in the program established under this part shall be subject to examinations made at the direction of the Investment Division of the Small Business Administration in accordance with this section.

(b) Assistance of private sector entities

Examinations under this section may be conducted with the assistance of a private sector entity that has both the qualifications and the expertise necessary to conduct such examinations.

(c) Costs
(1)1 Assessment
(A) In general

The Administrator may assess the cost of examinations under this section, including compensation of the examiners, against the company examined.

(B) Payment

Any company against which the Administrator assesses costs under this paragraph shall pay such costs.

(d) Deposit of funds

Funds collected under this section shall be deposited in the account for salaries and expenses of the Small Business Administration.

Source credit: (Pub. L. 85–699, title III, § 362, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–662.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 85-699 · 114 Stat. 2763, 2763

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-699 on 2000-12-21.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case