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Code · BILL · 119th Congress · H.R. 2987 (Introduced in House) — To amend the Small Business Act to require a limit on the number of small business lending companies, and for other p... · Sec. 2

Sec. 2. Limitation on number of small business lending companies

51 words·~1 min read·/bill/119/hr/2987/ih/section-2

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Section 23 of the Small Business Act ( 15 U.S.C. 650 ) is amended by adding at the end the following: The Administrator shall ensure that not more than 16 small business lending companies that are not nonprofit entities are authorized to make loans under section 7 at any time. .
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Sec. 2
Limitation on number of small business lending companies
U.S.C.§ 650
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