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Small Business Investment Companies-Leverage Eligibility and Portfolio Diversification Requirements

SBA · final-rule · Published 2009-07-14 · Effective 2009-07-14 · 74 FR 33911

Document

Document number
E9-16554
Federal Register citation
74 FR 33911
CFR reference
13 CFR 107
Type
Rule
Action
Interim final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2009-07-14
Effective date
2009-07-14

Abstract

This interim final rule implements certain provisions of the American Recovery and Reinvestment Act of 2009 affecting small business investment companies (SBICs). These provisions increase the maximum amount of SBA leverage available to an SBIC, change the calculation of the maximum investment size that an SBIC is permitted to make, and simplify the requirement for an SBIC to devote a portion of its investment activity to smaller enterprises. SBA is publishing this rule as an interim final rule in light of the urgent need to help small businesses sustain and survive during this economic downturn.

Source

Authoritative
Federal Register document
Machine
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