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► 15 U.S.C. § 697c 15 u.s.c. · small business investment program · title 15
15 U.S.C. § 697c
Restrictions on development company assistance
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-2FA5B7
► 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 V - LOANS TO STATE AND LOCAL DEVELOPMENT COMPANIES Sec. 697c - Restrictions on development company assistance From the U.S. Government Publishing Office, www.gpo.gov

§697c. Restrictions on development company assistance

Notwithstanding Any Other Provision of Law: (1) on or after May 1, 1991, no development company may accept funding from any source, including but not limited to any department or agency of the United States Government, if such funding includes any conditions, priorities or restrictions upon the types of small businesses to which they may provide financial assistance under this subchapter or if it includes any conditions or imposes any requirements, directly or indirectly, upon any recipient of assistance under this subchapter; and (2) before such date, no department or agency of the United States Government which provides funding to any development company shall impose any condition, priority or restriction upon the type of small business which receives financing under this subchapter nor shall it include any condition or impose any requirement, directly or indirectly, upon any recipient of assistance under this subchapter: Provided, That the foregoing shall not affect any such conditions, priorities or restrictions if the department or agency also provides all of the financial assistance to be delivered by the development company to the small business and such conditions, priorities or restrictions are limited solely to the financial assistance so provided.

(Pub. L. 85–699, title V, §506, as added Pub. L. 100–590, title I, §117(b), Nov. 3, 1988, 102 Stat. 2998.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 697c 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. § 697b 15 U.S.C. § 697d →
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. § 697c
Status
● ACTIVE
Chapter
14B — SMALL BUSINESS INVESTMENT PROGRAM
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-2FA5B7
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 697c