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SBA | RIN: 3245-AE88 | Publication ID: Fall 2002 |
Title: Small Business Investment Companies | |
Abstract: This proposed rule would allow a Small Business Investment Company (SBIC) to assume control over a small business concern, without notice to the SBA, and to retain such control for a period of up to 5 years or longer with SBA's approval. The proposed rule would also allow an SBIC to sell equity securities in a portfolio concern to a competitor to that portfolio concern. | |
Agency: Small Business Administration(SBA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 13 CFR 107 | |
Legal Authority: 15 USC 681 et seq 15 USC 683 15 USC 687b 15 USC 687(c) 15 USC 687d 15 USC 687g 15 USC 687m |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
Agency Contact: Jeffrey D. Pierson Associate Administrator for Investment Small Business Administration 409 Third Street SW, Suite 6300, Washington, DC 20416 Phone:202 205-6510 Fax:202 205-6959 |