7-U.S.C.-2009CC-1

§2009Cc-1 – §2009Cc-1. Purposes

Pathway

Title 7 > Chapter 50 > Subchapter VIII > Section 2009cc-1

Details

• Reference: Section 2009cc-1
• Legend: §2009Cc-1 – §2009Cc-1. Purposes
• USCode Year: 2013

Provision Content

The purposes of the Rural Business Investment Program established under this subchapter are—

(1) to promote economic development and the creation of wealth and job opportunities in rural areas and among individuals living in those areas by encouraging developmental venture capital investments in smaller enterprises primarily located in rural areas; and

(2) to establish a developmental venture capital program, with the mission of addressing the unmet equity investment needs of small enterprises located in rural areas, by authorizing the Secretary—

(A) to enter into participation agreements with rural business investment companies;

(B) to guarantee debentures of rural business investment companies to enable each rural business investment company to make developmental venture capital investments in smaller enterprises in rural areas; and

(C) to make grants to rural business investment companies, and to other entities, for the purpose of providing operational assistance to smaller enterprises financed, or expected to be financed, by rural business investment companies.

(Pub. L. 87–128, title III, §384B, as added Pub. L. 107–171, title VI, §6029, May 13, 2002, 116 Stat. 391.)

U.S. Encyclopedia of Law Coverage

7-U.S.C.-2009AA-8 in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-2009AA-8, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

7-U.S.C.-2009DD-4 in the Legal Encyclopedia: Rural

In this entry about 7-U.S.C.-2009DD-4, find legal reference material, bibliographies and premiere content related to rural in the American Encyclopedia of Law, presenting a comprehensive view of the United States rural-specific issues, written by authorities in the field.

7-U.S.C.-2009DD-5 in the Legal Encyclopedia: Investment

In this entry about 7-U.S.C.-2009DD-5, find legal reference material, bibliographies and premiere content related to investment in the American Encyclopedia of Law, presenting a comprehensive view of the United States investment-specific issues, written by authorities in the field.

Title 7 – Agriculture in the Legal Encyclopedia: Business

In this entry about Title 7 – Agriculture, find legal reference material, bibliographies and premiere content related to business in the American Encyclopedia of Law, presenting a comprehensive view of the United States business-specific issues, written by authorities in the field.

7-U.S.C.-2009BB-8 in the Legal Encyclopedia: Agricultural Credit

In this entry about 7-U.S.C.-2009BB-8, find legal reference material, bibliographies and premiere content related to agricultural credit in the American Encyclopedia of Law, presenting a comprehensive view of the United States agricultural credit-specific issues, written by authorities in the field.

Topic Map

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