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Code · BILL · 119th Congress · H.R. 3248 (Introduced in House) — To establish a domestic ownership succession investment facility, and for other purposes. · Sec. 9

Sec. 9. Portfolio diversification

107 words·~1 min read·/bill/119/hr/3248/ih/section-9

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If any ownership investment company obtains financing from the Secretary under this Act and such financing remains outstanding, the aggregate amount of securities acquired and for which commitments may be issued by the ownership investment company under this Act for any single covered business concern shall not, without the approval of the Secretary, exceed 10 percent of the sum of— the private capital of such company; and the total amount of leverage projected by the ownership investment company in the business plan of the ownership investment company that was approved by the Secretary at the time of the grant of the license of the ownership investment company.
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