2012 US Code
Title 15 - Commerce and Trade
Chapter 14B - SMALL BUSINESS INVESTMENT PROGRAM (§§ 661 - 697g)
Subchapter II - SMALL BUSINESS INVESTMENT DIVISION OF SMALL BUSINESS ADMINISTRATION (§§ 671 - 672)
Section 671 - Establishment; Associate Administrator; appointment and compensation

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 14B - SMALL BUSINESS INVESTMENT PROGRAM
SUBCHAPTER II - SMALL BUSINESS INVESTMENT DIVISION OF SMALL BUSINESS ADMINISTRATION
Sec. 671 - Establishment; Associate Administrator; appointment and compensation
Containssection 671
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditPub. L. 85-699, title II, §201, Aug. 21, 1958, 72 Stat. 690; Pub. L. 89-117, title III, §316(b), Aug. <!-- PDFPage:939 -->10, 1965, 79 Stat. 484; Pub. L. 89-779, §2, Nov. 6, 1966, 80 Stat. 1359.
Statutes at Large References72 Stat. 690
79 Stat. 484
80 Stat. 1359
Public Law ReferencesPublic Law 85-699, Public Law 89-117, Public Law 89-779

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SMALL BUSINESS INVESTMENT DIVISION OF SMALL BUSINESS ADMINISTRATION - 15 U.S.C. § 671 (2012)
§671. Establishment; Associate Administrator; appointment and compensation

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.

(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.)

Amendments

1966—Pub. L. 89–779 substituted “Associated Administrator” for “Deputy Administrator” as the head of the Small Business Investment Division of the Small Business Administration, substituted the rate provided by law for other Associate Administrators of the Small Business Administration for the rate provided by law for the other Deputy Administrators of the Small Business Administration as the standard of compensation for the head of the Small Business Investment Division, and struck out provisions spelling out the proper exercise of the powers conferred on the Administration and on the Administrator through the Small Business Investment Division and the Division head. See section 687(f) of this title.

1965—Pub. L. 89–117 provided that the powers conferred by subchapters IV–A and V of this chapter shall be exercised through such divisions, sections, or other personnel as the Administrator in his discretion determines.

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