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15 U.S.C. § 690j — Federal Financing Bank

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 690j — Federal Financing Bank

Notwithstanding [section 687k of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section687k&num=0&edition=prelim), the Federal Financing Bank may acquire a debenture issued by a Renewable Fuel Capital Investment company under this part.

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Source file: Laws/federal/codes/united-states-code/title-15/section-690j-federal-financing-bank--6e7ac9061c.md
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Source location: Title 15, Chapter 14B, § 690j; chapter-14b-small-business-investment-program.md

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 687k — Guaranteed obligations not eligible for purchase by Federal Financing Bank

Nothing in any provision of law shall be construed to authorize the Federal Financing Bank to acquire after September 30, 1985— (1) any obligation the payment of principal or interest on which has at any time been guaranteed in whole or in part under this subchapter, (2) any obligation which is an interest in any obligation described in paragraph (1), or (3) any obligation which is secured by, or substantially all of the value of which is attributable to, any obligation described in paragraph (1) or (2).

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 690j — Federal Financing Bank

Page 1126 TITLE 15—COMMERCE AND TRADE § 690i 1 So in original. The article probably should not appear. 2 So in original. Probably should be ‘‘than’’. 1 So in original. Probably should be ‘‘of’’. (B) Repayment by companies not approved If a company receives a grant under this paragraph and does not enter into a partici- pation agreement for final approval, the company shall, subject to controlling Fed- eral law, repay the amount of the grant to the Administrator. (C) Deduction of grant to approved company If a company receives a grant under this paragraph and receives final approval under section 690c(e) of this title, the Adminis- trator shall deduct the amount of the grant from the total grant amount the company receives for operational assistance. (D) Amount of grant No company may receive a grant of more than $100,000 under this paragraph. (b) Supplemental grants (1) In general The Administrator may make supplemental grants to Renewable Fuel Capital Investment companies and to other entities, as authorized by this part, under such terms as the Adminis- trator may require, to provide additional oper- ational assistance to smaller enterprises fi- nanced, or expected to be financed, by the companies. (2) Matching requirement The Administrator may require, as a condi- tion of any supplemental grant made under this subsection, that the company or entity receiving the grant provide from resources (in a 1 cash or in kind), other then 2 those provided by the Administrator, a matching contribu- tion equal to the amount of the supplemental grant. (c) Limitation None of the assistance made available under this section may be used for any overhead or general and administrative expense of a Renew- able Fuel Capital Investment company. (Pub. L.

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