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republic-os/legal/us/code/title-15/chapter-14b/section-687m.md
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now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
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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. § 687m"
description: "Periodic issuance of guarantees and trust certificates"
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: "687m"
citation: "15 U.S.C. § 687m"
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/s687m"
source_file: "data/legal/raw/us/code/title-15/usc15.xml"
source_hash: "a3b846aa6583ffa060a885c37640680918c4cf9947c4309b0036fdb7021c679b"
raw_snapshot_hash: "6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059"
text_hash: "72d6386abb9c516ed564c99d1375eef688a1772bc4b8aedffa552af7fc60484b"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 15 U.S.C. § 687m - Periodic issuance of guarantees and trust certificates
## Text
The Administration shall issue guarantees under section 683 of this title and trust certificates under section 687l of this title at periodic intervals of not less than every 12 months and shall do so at such shorter intervals as its 11 So in original. Probably should be “it”. deems appropriate, taking into consideration the amount and number of such guarantees or trust certificates.
(Pub. L. 85699, title III, § 320, formerly § 322, as added Pub. L. 100590, title I, § 106(a), Nov. 3, 1988, 102 Stat. 2993; renumbered § 320 and amended Pub. L. 104208, div. D, title II, § 208(h)(1)(E), (G), Sept. 30, 1996, 110 Stat. 3009747; Pub. L. 105135, title II, § 215(e), Dec. 2, 1997, 111 Stat. 2603; Pub. L. 1069, § 2(d)(2), Apr. 5, 1999, 113 Stat. 18.)
## Notes
Editorial Notes
Prior ProvisionsA prior section 320 of Pub. L. 85699 was renumbered section 318 and is classified to section 687k of this title.
Amendments1999—Pub. L. 1069 substituted “12 months” for “6 months”. 1997—Pub. L. 105135 substituted “6 months” for “three months”. 1996—Pub. L. 104208 made technical amendment to reference in original act which appears in text as reference to section 687l of this title.
Statutory Notes and Related Subsidiaries
Effective Date of 1997 AmendmentAmendment by Pub. L. 105135 effective Oct. 1, 1997, see section 3 of Pub. L. 105135, set out as a note under section 631 of this title.