2012 US Code
Title 15 - Commerce and Trade
Chapter 14B - SMALL BUSINESS INVESTMENT PROGRAM (§§ 661 - 697g)
Subchapter III - INVESTMENT DIVISION PROGRAMS (§§ 681 - 690q)
Part B - New Markets Venture Capital Program (§§ 689 - 689q)
Section 689k - Examinations
| Publication Title | United States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 14B - SMALL BUSINESS INVESTMENT PROGRAM SUBCHAPTER III - INVESTMENT DIVISION PROGRAMS Part B - New Markets Venture Capital Program Sec. 689k - Examinations |
| Contains | section 689k |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| 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. |
| Statutes at Large Reference | 114 Stat. 2763 |
| Public Law References | Public Law 85-699, Public Law 106-554 |
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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 entitiesExaminations 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 generalThe Administrator may assess the cost of examinations under this section, including compensation of the examiners, against the company examined.
(B) PaymentAny company against which the Administrator assesses costs under this paragraph shall pay such costs.
(d) Deposit of fundsFunds collected under this section shall be deposited in the account for salaries and expenses of the Small Business Administration.
(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.)
1 So in original. No par. (2) has been enacted.
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