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Small Business Size Regulations; Affiliation With Investment Companies

SBA · final-rule · Published 1997-03-12 · Effective 1997-03-12 · 62 FR 11317

Document

Document number
97-5739
Federal Register citation
62 FR 11317
CFR reference
13 CFR 121
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
1997-03-12
Effective date
1997-03-12

Abstract

The Small Business Administration (SBA) is amending part 121 section103(b)(5) of its size regulations to make clear that, for purposes of the Small Business Investment Act of 1958 (SBIAct), certain venture capital firms and pension plans that make investments in small firms are not considered affiliated with those firms in which they invest. As a result, for any assistance under the SBIAct, an applicant concern is not affiliated with these investors. This final rule is in accordance with section 208 of the Small Business Programs Improvement Act of 1996.

Source

Authoritative
Federal Register document
Machine
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