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Small Business Investment Companies: Passive Business Expansion and Technical Clarifications

SBA · final-rule · Published 2017-08-18 · Effective 2017-09-18 · 82 FR 39335

Document

Document number
2017-17456
Federal Register citation
82 FR 39335
CFR reference
13 CFR 107
Type
Rule
Action
Final rule and withdrawal of final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2017-08-18
Effective date
2017-09-18

Abstract

The U.S. Small Business Administration (SBA) is withdrawing the final rule concerning Small Business Investment Company (SBIC) investments in passive businesses that was published on December 28, 2016, and is replacing it with this final rule. This final rule expands SBIC permitted investments in passive businesses and includes new reporting and other requirements for passive investments. This rule also makes a few minor technical amendments.

Source

Authoritative
Federal Register document
Machine
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