Small Business Administration and Investment Act with Amendments, 1953-1964 |
From inside the book
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Page 1
... lieu thereof “ June 30 , 1954 " . ( b ) Subsection ( f ) of section 4 of the Reconstruction Finance Cor- Loans , termi- poration Act , as amended ( 15 U. S. C. 604 ( f ) ) , is amended by striking nation . out " June 30 , 1954 " and ...
... lieu thereof “ June 30 , 1954 " . ( b ) Subsection ( f ) of section 4 of the Reconstruction Finance Cor- Loans , termi- poration Act , as amended ( 15 U. S. C. 604 ( f ) ) , is amended by striking nation . out " June 30 , 1954 " and ...
Page 13
... thereof " and inserting in lieu thereof " to provide bonds for them in such amounts as the Administrator shall determine , and to pay the costs of qualification of certain of them as notaries public " , and ( 2 ) by inserting at the end ...
... thereof " and inserting in lieu thereof " to provide bonds for them in such amounts as the Administrator shall determine , and to pay the costs of qualification of certain of them as notaries public " , and ( 2 ) by inserting at the end ...
Page 17
... thereof the following new sentence : " The Ad- 15 USC 644 . ministration shall make a report to the President , the ... lieu thereof " 1957 " . SEC . 14. The Small Business Act of 1953 is amended by adding at the end thereof two new ...
... thereof the following new sentence : " The Ad- 15 USC 644 . ministration shall make a report to the President , the ... lieu thereof " 1957 " . SEC . 14. The Small Business Act of 1953 is amended by adding at the end thereof two new ...
Page 19
... lieu thereof " ; and " ; and ( 3 ) by adding at the end of such subsec- tion a new paragraph as follows : " ( 5 ) to further extend the maturity of or renew any loan made pursuant to this section , beyond the periods stated therein , or ...
... lieu thereof " ; and " ; and ( 3 ) by adding at the end of such subsec- tion a new paragraph as follows : " ( 5 ) to further extend the maturity of or renew any loan made pursuant to this section , beyond the periods stated therein , or ...
Page 21
... lieu thereof " $ 455,000,000 " . Approved February 11 , 1957 . 15 USC 636 . 39-290 0-64- 4 ( 21 ) ( EXTRACT FROM ) Public Law 85-19 85th Congress ,
... lieu thereof " $ 455,000,000 " . Approved February 11 , 1957 . 15 USC 636 . 39-290 0-64- 4 ( 21 ) ( EXTRACT FROM ) Public Law 85-19 85th Congress ,
Common terms and phrases
1953 is amended 67 Stat 72 Stat 85th Congress Act is amended Adminis Administration is authorized administrative expenses agreements to participate amended by adding amended by striking amended to read America in Congress apply Attorney August 27 business concerns Business Investment Act business investment company centum cerns Congress assembled cooperation with banks court deem Defense deferred basis department or agency determined enacted end thereof ending June 30 exceed an aggregate Federal Reserve Federal Trade Commission fiscal year ending functions House of Representatives inserting in lieu insure June 30 licensee lieu thereof ment obligations operations otherwise outstanding paragraph powers President Public Law purposes enumerated pursuant read as follows Reconstruction Finance Corporation regulations revolving fund Secretary section 207 securities Senate and House Small Business Act Small Business Administration small business investment small-business concerns subcontracts subsection thereof the following tion transferred Treasury United States Code
Popular passages
Page 16 - It Is the policy of the Government as declared by the Congress that a fair proportion of the purchases and contracts for supplies and services for the Government be placed with small business concerns.
Page 28 - No commissioner shall engage in any other business, vocation, or employment...
Page 32 - Act, as amended, is amended — (1) by striking out the period at the end of "paragraph (5)" and inserting in lieu thereof " ; and" ; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Page 2 - ... takes effect, showing a necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved, allow the same to be maintained...
Page 3 - Act, a small business concern shall be deemed to be one which Is independently owned and operated and which is not dominant in its field of operation.
Page 3 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation.
Page 38 - Corporation or any other body politic or corporate, or any individual, or to deceive any officer, auditor, or examiner...
Page 31 - ... of the antitrust laws or the Federal Trade Commission Act of the United States. A copy of each such request intended to be within the coverage of this section, and any modification or withdrawal thereof, shall be furnished to the Attorney General and the Chairman of the Federal Trade Commission when made, and it shall be published in the Federal Register unless publication thereof would, in the opinion of the President, endanger the national security.
Page 17 - ... in accordance with the criteria expressed in this Act. Any such certificate shall be subject to revocation when the concern covered thereby ceases to be a "small business concern." Offices of the Government having procurement or lending powers, or engaging in the disposal of Federal property or allocating materials or supplies, or promulgating regulations affecting the distribution of materials or supplies, shall accept as conclusive the Administration's determination as to which enterprises...
Page 16 - Administration and the procurement officer; and (2) To arrange for the performance of such contracts by negotiating or otherwise letting subcontracts to small-business concerns or others for the manufacture, supply, or assembly of such articles, equipment, supplies, or materials, or parts thereof, or servicing or processing in connection therewith, or such management services as may be necessary to enable the Administration to perform such contracts.