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Code · STATUTE-COMPILATIONS · Small Business Investment Act of 1958 · Sec. 311

Sec. 311. injunctions and other orders

277 words·~1 min read·/statute-compilations/comps-1835/sec-311

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## Sec. 311 injunctions and other orders **[**[15 U.S.C. 687c](/us/usc/t15/s687c)**]** ###
(a)Whenever, in the judgment of the Administration, a licensee or any other person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation of any provision of this Act, or of any rule or regulation under this Act, or of any order issued under this Act, the Administration may make application to the proper district court of the United States or a United States court of any place subject to the jurisdiction of the United States for an order enjoining such acts or practices, or for an order enforcing compliance with such provision, rule, regulation, or order, and such courts shall have jurisdiction of such actions and, upon a showing by the Administration that such licensee or other person has engaged or is about to engage in any such acts or practices, a permanent or temporary injunction shall be granted without bond. ###
(b)In any such proceeding the court as a court of equity may, to such extent as it deems necessary, take exclusive jurisdiction of the licensee or licensees and the assets thereof, wherever located; and the court shall have jurisdiction in any such proceeding to appoint a trustee or receiver to hold or administer under the direction of the court the assets so possessed. ###
(c)The Administration shall have authority to act as trustee or receiver of the licensee. Upon request by the Administration, the court may appoint the Administration to act in such capacity unless the court deems such appointment inequitable or otherwise inappropriate by reason of the special circumstances involved.
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injunctions and other orders
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