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Code · BILL · 116th Congress · S. 3554 (Introduced in Senate) — To provide assistance to small businesses impacted by COVID–19, and for other purposes. · Sec. 14

Sec. 14. Electronic submissions for the small business investment company program

129 words·~1 min read·/bill/116/s/3554/is/section-14·

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The purpose of this section is to quickly provide capital to struggling small business concerns by allowing electronic signatures to expedite the approval process of the Administration for additional investment funds, especially as staff telework. Unless otherwise prohibited by law or regulation, the Administration shall permit any document submitted under section 103 of the Small Business Investment Act of 1958 ( 15 U.S.C. 662 ) or pursuant to a regulation carrying out title V of such Act ( 15 U.S.C. 695 et seq.) to be submitted electronically, including by permitting an electronic signature for any signature that is required on such a document.
Nothing in this section shall be construed to preempt, supersede, or otherwise prohibit private sector requirements, covenants, customary practices, obligations, or legal prohibitions against electronic signatures.
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Sec. 14
Electronic submissions for the small business investment company program
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