
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC689h]

 
                      TITLE 15--COMMERCE AND TRADE
 
             CHAPTER 14B--SMALL BUSINESS INVESTMENT PROGRAM
 
              SUBCHAPTER III--INVESTMENT DIVISION PROGRAMS
 
               Part B--New Markets Venture Capital Program
 
Sec. 689h. Bank participation


(a) In general

    Except as provided in subsection (b) of this section, any national 
bank, any member bank of the Federal Reserve System, and (to the extent 
permitted under applicable State law) any insured bank that is not a 
member of such system, may invest in any New Markets Venture Capital 
company, or in any entity established to invest solely in New Markets 
Venture Capital companies.

(b) Limitation

    No bank described in subsection (a) of this section may make 
investments described in such subsection that are greater than 5 percent 
of the capital and surplus of the bank.

(Pub. L. 85-699, title III, Sec. 359, as added Pub. L. 106-554, 
Sec. 1(a)(8) [Sec. 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A-661.)
