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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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LegalText 15 U.S.C. § 689k Examinations us united_states_code code_section 15 COMMERCE AND TRADE 14B SMALL BUSINESS INVESTMENT PROGRAM 689k 15 U.S.C. § 689k current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s689k data/legal/raw/us/code/title-15/usc15.xml debcd00a5f153698e9faaf2ae3627a550a043ddcf2de71ec493d9467a47bbfe4 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 97668c142df84b7c494089cdbd9159aee0570a47df1bdafcb0a11e7841ecc444 2026-07-04 official
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15 U.S.C. § 689k - Examinations

Text

(a) In general Each New Markets Venture Capital company that participates in the program established under this part shall be subject to examinations made at the direction of the Investment Division of the Small Business Administration in accordance with this section.

(b) Assistance of private sector entities Examinations under this section may be conducted with the assistance of a private sector entity that has both the qualifications and the expertise necessary to conduct such examinations.

(c) Costs (1) 11 So in original. No par. (2) has been enacted. Assessment (A) In general The Administrator may assess the cost of examinations under this section, including compensation of the examiners, against the company examined.

(B) Payment Any company against which the Administrator assesses costs under this paragraph shall pay such costs.

(d) Deposit of funds Funds collected under this section shall be deposited in the account for salaries and expenses of the Small Business Administration.

(Pub. L. 85699, title III, § 362, as added Pub. L. 106554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A662.)