Sec. 402. powers
104 words·~1 min read·
/statute-compilations/comps-1835/sec-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## Sec. 402 powers **[**[15 U.S.C. 693](/us/usc/t15/s693)**]** Without limiting the authority conferred upon the Administrator and the Administration by section 201 of this Act, the Administrator and the Administration shall have, in the performance of and with respect to the functions, powers, and duties conferred by this part, all the authority and be subject to the same conditions prescribed in section 5(b) of the Small Business Act with respect to loans, including the authority to execute subleases, assignments of lease and new leases with any person, firm, organization, or other entity, in order to aid in the liquidation of obligations of the Administration hereunder.