15 USC 689b - Establishment

U.S Code last checked for updates: Nov 22, 2024

§ 689b.

Establishment

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.

(Pub. L. 85–699, title III, § 353, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–655.)

cite as: 15 USC 689b