
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC693]

 
                      TITLE 15--COMMERCE AND TRADE
 
             CHAPTER 14B--SMALL BUSINESS INVESTMENT PROGRAM
 
                       SUBCHAPTER IV-A--GUARANTEES
 
Part A--Commercial or Industrial Lease and Qualified Contract Guarantees
 
Sec. 693. Powers of Administration respecting loans; liquidation 
        of obligations through creation of new leases, execution of 
        subleases, and assignments of leases
        
    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. 85-699, title IV, Sec. 402, as added Pub. L. 89-117, title III, 
Sec. 316(a), Aug. 10, 1965, 79 Stat. 483; amended Pub. L. 91-609, title 
IX, Sec. 911(a)(2), Dec. 31, 1970, 84 Stat. 1812.)


                               Amendments

    1970--Pub. L. 91-609 substituted ``part'' for ``title''.

                  Section Referred to in Other Sections

    This section is referred to in sections 694-1, 694b of this title.
