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2020 US Code
Title 12 - Banks and Banking
Chapter 47 - Community Development Banking
Subchapter II - Small Business Capital Enhancement
Sec. 4744 - Participation agreements
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| 12 U.S.C. § 4744 (2020) |
| §4744. Participation agreements |
|
(a) In general
A participating State may enter into a participation agreement with any financial institution determined by the participating State, after consultation with the appropriate Federal banking agency, to have sufficient commercial lending experience and financial and managerial capacity to participate in the Program. The determination by the State shall not be reviewable by the Fund. (b) Participating financial institutionsUpon entering into the participation agreement with the participating State, the financial institution shall become a participating financial institution eligible to enroll loans under the Program. |
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(Pub. L. 103–325, title II, §254, Sept. 23, 1994, 108 Stat. 2207.) |
| United States Code, 2018 Edition, Supplement 2, Title 12 - BANKS AND BANKING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 12 - BANKS AND BANKING CHAPTER 47 - COMMUNITY DEVELOPMENT BANKING SUBCHAPTER II - SMALL BUSINESS CAPITAL ENHANCEMENT Sec. 4744 - Participation agreements |
| section 4744 |
| 2020 |
| January 13, 2021 |
| No |
| standard |
| 108 Stat. 2207 |
| Public Law 103-325 |
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