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Małe firmy · 14.04.1999

Small Business Investment Companies

The Small Business Reauthorization Act of 1997 made a number of changes to the Small Business Investment Act of 1958, as amended. For the Small Business Investment Company (SBIC) Program, the changes include provisions affecting capital requirements, Leverage eligibility, and the timing of tax distributions by SBICs that have issued Participating Securities. This proposed rule would implement these statutory provisions; in addition, it would prohibit political contributions by SBICs and would modify regulations governing the refinancing of real estate by SBICs, portfolio diversification requirements, takedowns of Leverage, and in-kind distributions by Participating Securities issuers.

Source: Federal Register — Small Business AdministrationOpen original release →