Small Business Administration and Investment Act with Amendments

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U.S. Government Printing Office, 1968 - 110 páginas
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Página 27 - Act, a small business concern shall be deemed to be one which is independently owned and operated and which is not dominant in its field of operation.
Página 16 - It Is the policy of the Government as declared by the Congress that a fair proportion of the purchases and contracts for supplies and services for the Government be placed with small business concerns.
Página 74 - ... 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 28 - No commissioner shall engage in any other business, vocation, or employment...
Página 93 - In the performance of, and with respect to, the functions, powers, and duties...
Página 6 - That the foregoing powers shall be subject to the following restrictions and limitations: "(1) No financial assistance shall be extended pursuant to (a) above unless the financial assistance applied for is not otherwise available on reasonable terms and all loans made shali be of such sound value or so secured as reasonably to assure repayment...
Página 32 - 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 any small business concern...
Página 29 - Administrator shall determine to be reasonable, any evidence of debt, contract, claim, personal property, or security assigned to or held by him In connection...
Página 46 - 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 3 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation. Such security and well-being cannot be realized unless the actual and potential capacity of small...

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