2012 US Code
Title 15 - Commerce and Trade
Chapter 14B - SMALL BUSINESS INVESTMENT PROGRAM (§§ 661 - 697g)
Subchapter III - INVESTMENT DIVISION PROGRAMS (§§ 681 - 690q)
Part C - Renewable Fuel Capital Investment Pilot Program (§§ 690 - 690q)
Section 690i - Bank participation
| 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 C - Renewable Fuel Capital Investment Pilot Program Sec. 690i - Bank participation |
| Contains | section 690i |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 85-699, title III, §390, as added Pub. L. 110-140, title XII, §1207, Dec. 19, 2007, 121 Stat. 1782. |
| Statutes at Large Reference | 121 Stat. 1782 |
| Public Law References | Public Law 85-699, Public Law 110-140 |
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Except as provided in subsection (b), any national bank, any member bank of the Federal Reserve System, and (to the extent permitted under applicable State law) any insured bank that is not a member of such system, may invest in any Renewable Fuel Capital Investment company, or in any entity established to invest solely in Renewable Fuel Capital Investment companies.
(b) LimitationNo bank described in subsection (a) may make investments described in such subsection that are greater than 5 percent of the capital and surplus of the bank.
(Pub. L. 85–699, title III, §390, as added Pub. L. 110–140, title XII, §1207, Dec. 19, 2007, 121 Stat. 1782.)
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