Source: http://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section687b&num=0&edition=prelim
Timestamp: 2019-05-24 10:56:47
Document Index: 673607759

Matched Legal Cases: ['§ 687', '§310', '§9', '§5', '§208', '§104', '§406', '§208', '§216', '§1', '§406', '§80', '§208', '§407', '§407']

[USC10] 15 USC 687b: Investigations and examinations; power to subpena and take oaths and affirmations; aid of courts; examiners; reports
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15 USC 687b: Investigations and examinations; power to subpena and take oaths and affirmations; aid of courts; examiners; reports Text contains those laws in effect on May 23, 2019
Each small business investment company shall be examined at least every two years in such detail so as to determine whether or not-
Each audit conducted under clause (i) shall include-
Each valuation submitted under this subsection shall be prepared by the licensee in accordance with valuation criteria, which shall-
(Pub. L. 85–699, title III, §310, as added Pub. L. 87–341, §9, Oct. 3, 1961, 75 Stat. 755 ; amended Pub. L. 89–779, §5, Nov. 6, 1966, 80 Stat. 1360 ; Pub. L. 90–104, title II, §208, Oct. 11, 1967, 81 Stat. 271 ; Pub. L. 100–590, title I, §104, Nov. 3, 1988, 102 Stat. 2992 ; Pub. L. 102–366, title IV, §§406(b), 407(a), 408(b), Sept. 4, 1992, 106 Stat. 1016 ; Pub. L. 104–208, div. D, title II, §208(f), (h)(1)(C), Sept. 30, 1996, 110 Stat. 3009–745 , 3009-747; Pub. L. 105–135, title II, §216, Dec. 2, 1997, 111 Stat. 2603 ; Pub. L. 106–554, §1(a)(9) [title IV, §406], Dec. 21, 2000, 114 Stat. 2763 , 2763A-691.)
The Investment Company Act of 1940, referred to in subsec. (b), is title I of act Aug. 22, 1940, ch. 686, 54 Stat. 789 , as amended, which is classified generally to subchapter I (§80a–1 et seq.) of chapter 2D of this title. For complete classification of this Act to the Code, see section 80a–51 of this title and Tables.
2000-Subsec. (c)(4). Pub. L. 106–554 substituted "1 year" for "five years".
1997-Subsec. (b). Pub. L. 105–135 inserted after first sentence "Fees collected under this subsection shall be deposited in the account for salaries and expenses of the Administration, and are authorized to be appropriated solely to cover the costs of examinations and other program oversight activities."
1996-Subsec. (b). Pub. L. 104–208, §208(f)(1), inserted "which may be conducted with the assistance of a private sector entity that has both the qualifications to conduct and expertise in conducting such examinations," after "Investment Division of the Administration," in first sentence.
1992-Subsec. (b). Pub. L. 102–366, §407(a), substituted "Investment Division of" for "Administration by examiners selected or approved by".
1988-Subsec. (b). Pub. L. 100–590 struck out second sentence, which read as follows: "Each such company shall be examined at least once each year, except that the Administrator may waive examination in the case of a company whose operations have been suspended by reason of the fact that the company is involved in litigation or is in receivership."
1967-Subsec. (b). Pub. L. 90–104 required at least annual examination of small business investment companies but provided for waiver of examination of a company whose operations have been suspended because the company is involved in litigation or is in receivership.
1966-Pub. L. 89–779 designated existing provisions as subsec. (a) and added subsec. (b).
Pub. L. 102–366, title IV, §407(b), Sept. 4, 1992, 106 Stat. 1016 , provided that: "Effective October 1, 1992, the personnel, assets, liabilities, contracts, property, records, and unexpended balances of appropriations, authorizations, and other funds employed, held, used, arising from, available or to be made available, which are related to the examination function provided by section 310 of the Small Business Investment Act of 1958 [15 U.S.C. 687b] shall be transferred by the Inspector General of the Small Business Administration to the Investment Division of the Small Business Administration."