Removal or suspension of directors or officers

  1. Law
  2. USC 15
  3. Commerce And Trade
  4. SMALL BUSINESS INVESTMENT PROGRAM
  5. INVESTMENT DIVISION PROGRAMS
  6. New Markets Venture Capital Program
  7. Removal or suspension of directors or officers

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§689o. Removal or suspension of directors or officers

Using the procedures for removing or suspending a director or an officer of a licensee set forth in section 687e of this title (to the extent such procedures are not inconsistent with the requirements of this part), the Administrator may remove or suspend any director or officer of any New Markets Venture Capital company.

(Pub. L. 85–699, title III, §366, as added Pub. L. 106–554, §1(a)(8) [§1(b)(3)], Dec. 21, 2000, 114 Stat. 2763 , 2763A-664.)


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