15 U.S.C. · Commerce and Trade
15 U.S.C. § 690i

Bank participation

Ch. 14B — SMALL BUSINESS INVESTMENT PROGRAM
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 14B
Statutory Text

15 U.S.C. § 690i — Bank participation

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 14B - SMALL BUSINESS INVESTMENT PROGRAM SUBCHAPTER III - INVESTMENT DIVISION PROGRAMS Part C - Renewable Fuel Capital Investment Pilot Program Sec. 690i - Bank participation From the U.S. Government Publishing Office, www.gpo.gov

§690i. Bank participation

(a) In general Except as provided in subsection (b), any national bank, any member bank of the Federal Reserve System, and (to the extent permitted under applicable State law) any insured bank that is not a member of such system, may invest in any Renewable Fuel Capital Investment company, or in any entity established to invest solely in Renewable Fuel Capital Investment companies. (b) Limitation No bank described in subsection (a) may make investments described in such subsection that are greater than 5 percent of the capital and surplus of the bank.

(Pub. L. 85–699, title III, §390, as added Pub. L. 110–140, title XII, §1207, Dec. 19, 2007, 121 Stat. 1782.)

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 690i
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The statutory text of 15 U.S.C. § 690i is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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