Investigation Into Small Business Investment Companies: Hearings. Eighty-ninth Congress, Second Session. August 2, 3, and 4, 1966, ÆÄÆ® 1

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3 ÆäÀÌÁö - Congress that a fair proportion of the purchases and contracts for supplies and services for the Government be placed with small business concerns.
177 ÆäÀÌÁö - Do you swear that the testimony you are about to give before the Subcommittee will be the truth, the whole truth, and nothing but the truth, so help you, God? Mr.
295 ÆäÀÌÁö - Act to improve and stimulate the national economy in general and the small-business segment thereof in particular by establishing a program to stimulate and supplement the flow of private equity capital and longterm loan funds which small-business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization...
300 ÆäÀÌÁö - The total amount of obligations purchased and outstanding at any one time by the Administration under this section from any one State development company shall not exceed the total amount borrowed by it from all other sources.
295 ÆäÀÌÁö - ... to stimulate and supplement the flow of private equity capital and long-term loan funds which small -business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply: Provided, however , That this policy shall be carried out in such manner as to insure the maximum participation of private financing sources...
222 ÆäÀÌÁö - The Deputy Administrator shall perform such functions as the Administrator shall from time to time assign or delegate, and shall act as Administrator during the absence or disability of the Administrator or in the event of a vacancy in the office of Administrator.
1 ÆäÀÌÁö - Senator John L. McClellan (chairman of the subcommittee) presiding. Present : Senator John L. McClellan, Democrat, Arkansas ; Senator Edmund S. Muskie, Democrat, Maine; Senator Karl E. Mundt, Republican, South Dakota; Senator Carl T. Curtis, Republican, Nebraska.
111 ÆäÀÌÁö - Senator Jacob K. Javits, Republican, New York. Also present: Jerome S. Adlerman, general counsel; LaVern J.
300 ÆäÀÌÁö - SEC. 302. (a) Each company authorized to operate under this act shall have a paid-in capital and surplus equal to at least $300,000. In order to facilitate the formation of small business investment companies, the Administration is hereby authorized, notwithstanding any other provisions of law, to purchase the debentures of any such company in an amount equal to not more than $150,000. Any debentures purchased by the Administration under this subsection shall be subordinate...
300 ÆäÀÌÁö - Debentures purchased by the Administration under this subsection shall be subordinate to any other debenture bonds, promissory notes, or other debts and obligations of such companies, unless the Administration in its exercise of reasonable investment prudence and in considering the financial soundness of such company determines otherwise. Such...

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