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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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---
type: "LegalText"
title: "15 U.S.C. § 693"
description: "Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 15
title_name: "COMMERCE AND TRADE"
chapter_number: "14B"
chapter_name: "SMALL BUSINESS INVESTMENT PROGRAM"
section: "693"
citation: "15 U.S.C. § 693"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip"
source_identifier: "/us/usc/t15/s693"
source_file: "data/legal/raw/us/code/title-15/usc15.xml"
source_hash: "cc6ed8c61bd584de832e12b75ce62ca8926b86fd3999240e8197155a61a9afd4"
raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
text_hash: "87455a9ddcfe739e5934f64ac6a7b2844f10570bf47723f58a5912fb74cd43ef"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 15 U.S.C. § 693 - Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases
## Text
Without limiting the authority conferred upon the Administrator and the Administration by section 671 of this title, the Administrator and the Administration shall have, in the performance of and with respect to the functions, powers, and duties conferred by this part, all the authority and be subject to the same conditions prescribed in section 634(b) of this title with respect to loans, including the authority to execute subleases, assignments of lease and new leases with any person, firm, organization, or other entity, in order to aid in the liquidation of obligations of the Administration hereunder.
(Pub. L. 85699, title IV, § 402, as added Pub. L. 89117, title III, § 316(a), Aug. 10, 1965, 79 Stat. 483; amended Pub. L. 91609, title IX, § 911(a)(2), Dec. 31, 1970, 84 Stat. 1812.)
## Notes
Editorial Notes
Amendments1970—Pub. L. 91609 substituted “part” for “title”.