Sec. 857. Amendments to the Small Business Investment Act of 1958
134 words·~1 min read·
/bill/115/hr/5515/eh/section-857A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 302(b) of the Small Business Investment Act of 1958 ( 15 U.S.C. 682(b) ) is amended— in paragraph (1), by inserting before the period the following: or, subject to the approval of the appropriate Federal banking agency, 15 percent of such capital and surplus ; in paragraph (2), by inserting before the period the following: or, subject to the approval of the appropriate Federal banking agency, 15 percent of such capital and surplus ; and by adding at the end the following:
For purposes of this subsection, the term appropriate Federal banking agency has the meaning given that term under section 3 of the Federal Deposit Insurance Act. . Section 303(b)(2)(A)(ii) of the Small Business Investment Act of 1958 ( 15 U.S.C. 683(b)(2)(A)(ii) ) is amended by striking $150,000,000 and inserting $175,000,000 .
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources