2014 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 14B - Small Business Investment Program (Sections 661 - 697g)
Subchapter IV-A - Guarantees (Sections 692 - 694c)
Part A - Commercial or Industrial Lease and Qualified Contract Guarantees (Sections 692 - 694-2)
Sec. 693 - Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases

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Publication TitleUnited States Code, 2012 Edition, Supplement 2, 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 IV-A - GUARANTEES
Part A - Commercial or Industrial Lease and Qualified Contract Guarantees
Sec. 693 - Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases
Containssection 693
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 85-699, title IV, §402, as added Pub. L. 89-117, title III, §316(a), Aug. 10, 1965, 79 Stat. 483; amended Pub. L. 91-609, title IX, §911(a)(2), Dec. 31, 1970, 84 Stat. 1812.
Statutes at Large References79 Stat. 483
84 Stat. 1812
Public and Private LawsPublic Law 85-699, Public Law 89-117, Public Law 91-609

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15 U.S.C. § 693 (2014)
§693. Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases

Without limiting the authority conferred upon the Administrator and the Administration by section 671 of this title, the Administrator and the Administration shall have, in the performance of and with respect to the functions, powers, and duties conferred by this part, all the authority and be subject to the same conditions prescribed in section 634(b) of this title with respect to loans, including the authority to execute subleases, assignments of lease and new leases with any person, firm, organization, or other entity, in order to aid in the liquidation of obligations of the Administration hereunder.

(Pub. L. 85–699, title IV, §402, as added Pub. L. 89–117, title III, §316(a), Aug. 10, 1965, 79 Stat. 483; amended Pub. L. 91–609, title IX, §911(a)(2), Dec. 31, 1970, 84 Stat. 1812.)

AMENDMENTS

1970—Pub. L. 91–609 substituted "part" for "title".

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