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U.S. Code of Federal Regula...
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Title 13—Business Credit an...
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CHAPTER I—SMALL BUSINESS AD...
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PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) P...
PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
§ 108.10 - Description of the New Markets Venture Capital Program.
§ 108.20 - Legal basis and applicability of this part 108.
§ 108.30 - Amendments to Act and regulations.
§ 108.40 - How to read this part 108.
§ 108.50 - Definition of terms.
§ 108.100 - Business form.
§ 108.110 - Qualified management.
§ 108.120 - Economic development primary mission.
§ 108.130 - Identified Low Income Geographic Areas.
§ 108.140 - SBA approval of initial Management Expenses.
§ 108.150 - Management and ownership diversity requirement.
§ 108.160 - Special rules for NMVC Companies formed as limited partnerships.
§ 108.200 - Adequate capital for NMVC Companies.
§ 108.210 - Minimum capital requirements for NMVC Companies.
§ 108.230 - Private Capital for NMVC Companies.
§ 108.300 - When and how to apply for designation as a NMVC Company.
§ 108.310 - Contents of application.
§ 108.320 - Contents of comprehensive business plan.
§ 108.330 - Grant issuance fee.
§ 108.340 - Evaluation and selection—general.
§ 108.350 - Eligibility and completeness.
§ 108.360 - Evaluation criteria.
§ 108.370 - Conditional approval.
§ 108.380 - Final approval as a NMVC Company.
§ 108.400 - Changes in ownership of 10 percent or more of NMVC Company but no change of Control.
§ 108.410 - Changes in Control of NMVC Company (through change in ownership or otherwise).
§ 108.420 - Prohibition on exercise of ownership or Control rights in NMVC Company before SBA approval.
§ 108.430 - Notification to SBA of transactions that may change ownership or Control.
§ 108.440 - Standards governing prior SBA approval for a proposed transfer of Control.
§ 108.450 - Notification to SBA of pledge of NMVC Company's shares.
§ 108.460 - Restrictions on Common Control or ownership of two (or more) NMVC Companies.
§ 108.470 - SBA approval of merger, consolidation, or reorganization of NMVC Company.
§ 108.500 - Lawful operations under the Act.
§ 108.502 - Representations to the public.
§ 108.503 - NMVC Company's adoption of an approved valuation policy.
§ 108.504 - Equipment and office requirements.
§ 108.506 - Safeguarding the NMVC Company's assets/Internal controls.
§ 108.507 - Violations based on false filings and nonperformance of agreements with SBA.
§ 108.509 - Employment of SBA officials.
§ 108.510 - SBA approval of NMVC Company's Investment Adviser/Manager.
§ 108.520 - Management Expenses of a NMVC Company.
§ 108.530 - Restrictions on investments of idle funds by NMVC Companies.
§ 108.550 - Prior approval of secured third-party debt of NMVC companies.
§ 108.585 - Voluntary decrease in NMVC Company's Regulatory Capital.
§ 108.600 - General requirement for NMVC Company to maintain and preserve records.
§ 108.610 - Required certifications for Loans and Investments.
§ 108.620 - Requirements to obtain information from Portfolio Concerns.
§ 108.630 - Requirement for NMVC companies to file financial statements and supplementary information with SBA (SBA Form 468).
§ 108.640 - Requirement to file portfolio financing reports (SBA Form 1031).
§ 108.650 - Requirement to report portfolio valuations to SBA.
§ 108.660 - Other items required to be filed by NMVC Company with SBA.
§ 108.680 - Reporting changes in NMVC Company not subject to prior SBA approval.
§ 108.690 - Examinations.
§ 108.691 - Responsibilities of NMVC Company during examination.
§ 108.692 - Examination fees.
§ 108.700 - Compliance with size standards in part 121 of this chapter as a condition of Assistance.
§ 108.710 - Requirement to finance Low-Income Enterprises.
§ 108.720 - Small Businesses that may be ineligible for financing.
§ 108.730 - Financings which constitute conflicts of interest.
§ 108.740 - Portfolio diversification (“overline” limitation).
§ 108.760 - How a change in size or activity of a Portfolio Concern affects the NMVC Company and the Portfolio Concern.
§ 108.800 - Financings in the form of equity interests.
§ 108.820 - Financings in the form of guarantees.
§ 108.825 - Purchasing securities from an underwriter or other third party.
§ 108.885 - Disposition of assets to NMVC Company's Associates.
§ 108.900 - Fees for management services provided to a Small Business by a NMVC Company or its Associate.
§ 108.1100 - Type of Leverage and application procedures.
§ 108.1120 - General eligibility requirement for Leverage.
§ 108.1130 - Leverage fees payable by NMVC Company.
§ 108.1140 - NMVC Company's acceptance of SBA remedies under § 108.1810.
§ 108.1150 - Maximum amount of Leverage for a NMVC Company.
§ 108.1200 - SBA's Leverage commitment to a NMVC Company—application procedure, amount, and term.
§ 108.1220 - Requirement for NMVC Company to file financial statements at the time of request for a draw.
§ 108.1230 - Draw-downs by NMVC Company under SBA's Leverage commitment.
§ 108.1240 - Funding of NMVC Company's draw request through sale to third-party.
§ 108.1600 - SBA authority to issue and guarantee Trust Certificates.
§ 108.1610 - Effect of prepayment or early redemption of Leverage on a Trust Certificate.
§ 108.1620 - Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent.
§ 108.1630 - SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates.
§ 108.1640 - SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers.
§ 108.1700 - Transfer by SBA of its interest in a NMVC Company's Leverage security.
§ 108.1710 - SBA authority to collect or compromise its claims.
§ 108.1720 - Characteristics of SBA's guarantee.
§ 108.1810 - Events of default and SBA's remedies for NMVC Company's noncompliance with terms of Debentures.
§ 108.1830 - NMVC Company's Capital Impairment definition and general requirements.
§ 108.1840 - Computation of NMVC Company's Capital Impairment Percentage.
§ 108.1900 - Termination of participation as a NMVC Company.
§ 108.1910 - Non-waiver of SBA's rights or terms of Leverage security.
§ 108.1920 - NMVC Company's application for exemption from a regulation in this part 108.
§ 108.1930 - Effect of changes in this part 108 on transactions previously consummated.
§ 108.1940 - Procedures for designation of additional Low-Income Geographic Areas
§ 108.2000 - Operational Assistance Grants to NMVC Companies and SSBICs.
§ 108.2001 - When and how SSBICs may apply for Operational Assistance grants.
§ 108.2002 - Eligibility of SSBICs to apply for Operational Assistance grants.
§ 108.2003 - Grant issuance fee for SSBICs.
§ 108.2004 - Contents of application submitted by SSBICs.
§ 108.2005 - Contents of plan submitted by SSBICs.
§ 108.2006 - Evaluation and selection of SSBICs.
§ 108.2007 - Grant award to SSBICs.
§ 108.2010 - Restrictions on use of Operational Assistance grant funds.
§ 108.2020 - Amount of Operational Assistance grant.
§ 108.2030 - Matching requirements.
§ 108.2040 - Reporting and recordkeeping requirements.