Statute · United States Code

15 U.S.C. § 689b — Establishment

15 U.S.C. § 689b

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
capital-markets-and-corporate-governance

In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may— (1) enter into participation agreements with companies granted final approval under section 689c(e) of this title for the purposes set forth in section 689a of this title; (2) guarantee the debentures issued by New Markets Venture Capital companies as provided in section 689d of this title; and (3) make grants to New Markets Venture Capital companies, and to other entities, under section 689g of this title.

In accordance with this part, the Administrator shall establish a New Markets Venture Capital Program, under which the Administrator may— (1) enter into participation agreements with companies granted final approval under section 689c(e) of this title for the purposes set forth in section 689a of this title; (2) guarantee the debentures issued by New Markets Venture Capital companies as provided in section 689d of this title; and (3) make grants to New Markets Venture Capital companies, and to other entities, under section 689g of this title.