2012 US Code
Title 7 - Agriculture
Chapter 50 - AGRICULTURAL CREDIT (§§ 1921 - 2009ee-3)
Subchapter VIII - RURAL BUSINESS INVESTMENT PROGRAM (§§ 2009cc - 2009cc-18)
Section 2009cc-11 - Examinations
| Publication Title | United States Code, 2012 Edition, Title 7 - AGRICULTURE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 7 - AGRICULTURE CHAPTER 50 - AGRICULTURAL CREDIT SUBCHAPTER VIII - RURAL BUSINESS INVESTMENT PROGRAM Sec. 2009cc-11 - Examinations |
| Contains | section 2009cc-11 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 87-128, title III, §384L, as added Pub. L. 107-171, title VI, §6029, May 13, 2002, 116 Stat. 399. |
| Statutes at Large Reference | 116 Stat. 399 |
| Public Law References | Public Law 87-128, Public Law 107-171 |
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Each rural business investment company that participates in the program established under this subchapter shall be subject to examinations made at the direction of the Secretary in accordance with this section.
(b) Assistance of private sector entitiesAn examination under this section may be conducted with the assistance of a private sector entity that has the qualifications and the expertise necessary to conduct such an examination.
(c) Costs (1) In generalThe Secretary may assess the cost of an examination under this section, including compensation of the examiners, against the rural business investment company examined.
(2) PaymentAny rural business investment company against which the Secretary assesses costs under this paragraph shall pay the costs.
(d) Deposit of fundsFunds collected under this section shall—
(1) be deposited in the account that incurred the costs for carrying out this section;
(2) be made available to the Secretary to carry out this section, without further appropriation; and
(3) remain available until expended.
(Pub. L. 87–128, title III, §384L, as added Pub. L. 107–171, title VI, §6029, May 13, 2002, 116 Stat. 399.)
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