Financing Small Business, Volumes 22-23 |
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Page 3
... Investment Company Act of 1957. " DECLARATION OF POLICY SEC . 2. It is the policy of the Congress- ( a ) to foster the development and growth of independent small - business enterprises with the objective of enabling them to make their ...
... Investment Company Act of 1957. " DECLARATION OF POLICY SEC . 2. It is the policy of the Congress- ( a ) to foster the development and growth of independent small - business enterprises with the objective of enabling them to make their ...
Page 4
... company is established . ( e ) The board of directors of each national investment company shall con- sist of nine members all of whom shall be elected annually by the holders of the shares of stock of the company . CONVERSION OF STATE ...
... company is established . ( e ) The board of directors of each national investment company shall con- sist of nine members all of whom shall be elected annually by the holders of the shares of stock of the company . CONVERSION OF STATE ...
Page 5
... investment company shall invest in shares of stock of such company in an amount equal to at least $ 5,000,000 , or an amount which , when added to the amounts , if any , of shares subscribed by other Federal Reserve banks , member banks ...
... investment company shall invest in shares of stock of such company in an amount equal to at least $ 5,000,000 , or an amount which , when added to the amounts , if any , of shares subscribed by other Federal Reserve banks , member banks ...
Page 6
... investment company under the National Investment Company Act of 1957 , if it finds , having regard to the purposes of that Act , that the enforce- ment of this Act with respect to such securities is not necessary in the public interest ...
... investment company under the National Investment Company Act of 1957 , if it finds , having regard to the purposes of that Act , that the enforce- ment of this Act with respect to such securities is not necessary in the public interest ...
Page 7
... company shall , in the computation of its investment company taxable income be allowed- " ( A ) a deduction equal to such amount of the addition to the re- serve as does not cause the aggregate amount of the reserve ( includ- ing such ...
... company shall , in the computation of its investment company taxable income be allowed- " ( A ) a deduction equal to such amount of the addition to the re- serve as does not cause the aggregate amount of the reserve ( includ- ing such ...
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Common terms and phrases
agency amended amount approval authorized bankers BARNES believe bill Board borrow business capital bank business concerns Business Investment Administration business investment association business investment company capital and surplus Chairman Congress convertible debentures debt development corporations development credit corporations directors economic enterprises equity capital established exemption Federal Government Federal Reserve Act Federal Reserve banks Federal Reserve System financing FLORA function funds going industry interest investment banking Investment Company Act investors legislation lending limited long-term loans loss MARTIN ment million MUELLER national investment company operations organization percent preferred stock problem question regulations ROBBINS Senator BUSH Senator CAPEHART Senator CLARK Senator FULBRIGHT Senator PROXMIRE Senator ROBERTSON Senator SPARKMAN Small Business Act Small Business Administration small business capital small business investment small-business concerns small-business investment association statement subcommittee testimony thing tion Treasury WEISSMAN
Popular passages
Page 47 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 29 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation...
Page 36 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 135 - US 65 (1959) held that variable annuity contracts come within the provisions of the Securities Act of 1933 and the Investment Company Act of 1940.
Page 21 - Provided further, That nothing in this Act or in any other provision of law...
Page 406 - Associations, and in particular a committee of the Section of Corporation, Banking and Business Law of the American Bar Association, of which Mr.
Page 41 - A majority of the directors, after executing the articles of association and the organization certificate, shall have power to execute all other papers and to do whatever may be required to make its organization perfect and complete as a national association.
Page 39 - Act of 1958 if it finds, having regard to the purposes of that Act, that the enforcement of this Act with respect to such securities is not necessary in the public interest and for the protection of investors.
Page 10 - Such notes or other obligations shall bear interest at a- rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States of comparable maturities as of the last day of the month preceding the issuance of such notes or obligations.
Page 26 - ... upon a showing by the President that such person has engaged or is about to engage in any such acts or practices a permanent or temporary injunction, restraining order, or other order shall be granted without bond.