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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. § 693 Powers of Administration respecting loans; liquidation of obligations through creation of new leases, execution of subleases, and assignments of leases us united_states_code code_section 15 COMMERCE AND TRADE 14B SMALL BUSINESS INVESTMENT PROGRAM 693 15 U.S.C. § 693 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/s693 data/legal/raw/us/code/title-15/usc15.xml cc6ed8c61bd584de832e12b75ce62ca8926b86fd3999240e8197155a61a9afd4 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 87455a9ddcfe739e5934f64ac6a7b2844f10570bf47723f58a5912fb74cd43ef 2026-07-04 official
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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”.