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15 U.S.C. § 6904 — Qualified organizations

submitted 27 years ago by Pub. L. 103-325 to r/title-15-COMMERCE-AND-TRADE · 99 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses Qualified organizations. For purposes of eligibility for assistance under this chapter, a qualified organization must be— (1) a nonprofit microenterprise development organization or program (or a group or collaborative thereof) that has a demonstrated record of…

For purposes of eligibility for assistance under this chapter, a qualified organization must be—
(1) a nonprofit microenterprise development organization or program (or a group or collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs;
(2) an intermediary;
(3) a microenterprise development organization or program that is accountable to a local community, working in conjunction with a State or local government or Indian tribe; or
(4) an Indian tribe acting on its own, if the Indian tribe can certify that no private organization or program referred to in this paragraph exists within its jurisdiction.

the actual law source: uscode.house.gov ↗public domain

For purposes of eligibility for assistance under this chapter, a qualified organization shall be—

(1)

a nonprofit microenterprise development organization or program (or a group or collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs;

(2)

an intermediary;

(3)

a microenterprise development organization or program that is accountable to a local community, working in conjunction with a State or local government or Indian tribe; or

(4)

an Indian tribe acting on its own, if the Indian tribe can certify that no private organization or program referred to in this paragraph exists within its jurisdiction.

Source credit: (Pub. L. 103–325, title I, § 175, as added Pub. L. 106–102, title VII, § 725, Nov. 12, 1999, 113 Stat. 1473.)

history & why it existsrecord from the source credit
  • 1999Enacted · Pub. L. 103-325 · 113 Stat. 1473

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-325 on 1999-11-12.

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