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► 15 U.S.C. § 689h 15 u.s.c. · small business investment program · title 15
15 U.S.C. § 689h
Bank participation
Title 15 USC
● ACTIVE
Ch. 14B
Jurisdiction Federal — United States
Chapter SMALL BUSINESS INVESTMENT PROGRAM
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-1AB238
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 14B - SMALL BUSINESS INVESTMENT PROGRAM SUBCHAPTER III - INVESTMENT DIVISION PROGRAMS Part B - New Markets Venture Capital Program Sec. 689h - Bank participation From the U.S. Government Publishing Office, www.gpo.gov

§689h. Bank participation

(a) In general 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 New Markets Venture Capital company, or in any entity established to invest solely in New Markets Venture Capital companies. (b) Limitation No 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, §359, as added Pub. L. 106–554, §1(a)(8) [§1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–661.)

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
OM-USC15-SEC-1AB238
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
oakmorel.com
Spec Version
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Source
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Content Hash
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The statutory text of 15 U.S.C. § 689h is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 15 U.S.C. § 689g 15 U.S.C. § 689i →
Chapter 14B — SMALL BUSINESS INVESTMENT PROGRAM
15 U.S.C. § 66115 U.S.C. § 66215 U.S.C. § 67115 U.S.C. § 67215 U.S.C. § 68115 U.S.C. § 68215 U.S.C. § 68315 U.S.C. § 68415 U.S.C. § 68515 U.S.C. § 68615 U.S.C. § 68715 U.S.C. § 687a15 U.S.C. § 687b15 U.S.C. § 687c15 U.S.C. § 687d15 U.S.C. § 687e15 U.S.C. § 687f15 U.S.C. § 687g15 U.S.C. § 687h15 U.S.C. § 687i15 U.S.C. § 687k15 U.S.C. § 687l15 U.S.C. § 687m15 U.S.C. § 688
15 U.S.C. — public domain ← All Legislation
OakMorel Law
15 U.S.C.
Citation
15 U.S.C. § 689h
Status
● ACTIVE
Chapter
14B — SMALL BUSINESS INVESTMENT PROGRAM
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-1AB238
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 689h