
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: 15USC689k]

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


(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) \1\ Assessment
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    \1\ So in original. No par. (2) has been enacted.
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        (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. 85-699, title III, Sec. 362, as added Pub. L. 106-554, 
Sec. 1(a)(8) [Sec. 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A-662.)

                  Section Referred to in Other Sections

    This section is referred to in section 689q of this title.
