Small Business Investment Act: 1965 Text, Explanation, and Related Tax Provisions
U.S. Government Printing Office, 1965 - 18 páginas
Opinião das pessoas - Escrever uma crítica
Não foram encontradas quaisquer críticas nos locais habituais.
added by sec additional agreements to participate amended amount application approval assist authorized banks basis borrowed business concerns Business Investment Act business investment company capital and surplus carried cause cease and desist centum contain conversion convertible debentures cooperation corporated court debentures deduction deems deferred desist order determine development companies directly engaged equity capital established evidence exceed exchange exempted extent failure Federal financing findings functions funds growth hearing insured interest Internal Revenue Code investors issued jurisdiction language lending licensee limitation loans loss manner means ment modify necessary obligations operations outstanding percent period permit person petition powers practices prescribed proceeding Public Law purchase reasonable received record regulations renew Reserve rule SBIC securities shares Small Business Administration small business investment small-business concerns sound sources statement subsection suspend thereof tion United violation witnesses
Página 5 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist...
Página 10 - ... (b) For the purpose of any such investigation, or any other proceeding under this title, any member of the Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry.
Página 10 - ... and any failure to obey such order of the court may be punished by such court as a contempt thereof. All process in any such case may be served in the judicial district whereof such person is an inhabitant or wherever he may be found.
Página 9 - And in case of disobedience to a subpoena the commission may invoke the aid of any court of the United States in requiring the attendance and testimony of witnesses and the production of documentary evidence.
Página 11 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation...
Página 10 - ... if any, for the modification or setting aside of its original order, with the return of such additional evidence. The judgment and decree of the court shall...
Página 9 - Secretary's order be set aside or modified in the manner stated in the petition, together with a bond in such sum as the court may determine, conditioned that such packer will pay the costs of the proceedings if the court so directs.
Página 7 - USC 77c), is hereby amended by inserting at the end thereof the following new subsection (c): "(c) The Commission may from time to time by its rules and regulations and subject to such terms and conditions as may be prescribed therein, add to the securities exempted as provided in this section any class of securities issued by a small business investment company...
Página 4 - They shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with law, which the association may see fit to adopt for the regulation of its business and the conduct of its affairs.