Title 15 — Commerce and TradeRelease 119-73
§690i Bank participation
Title 15 › Chapter CHAPTER 14B— - SMALL BUSINESS INVESTMENT PROGRAM › Subchapter SUBCHAPTER III— - INVESTMENT DIVISION PROGRAMS › Part Part C— - Renewable Fuel Capital Investment Pilot Program › § 690i
Summary
National, Federal Reserve member, and insured nonmember banks, if allowed by state law, may invest in renewable-fuel investment companies or firms that only invest in them, but not over 5 percent of capital and surplus.
Full Legal Text
Title 15, §690i
Commerce and Trade — Source: USLM XML via OLRC
(a)Except as provided in subsection (b), any national bank, any member bank of the Federal Reserve System, and (to the extent permitted under applicable State law) any insured bank that is not a member of such system, may invest in any Renewable Fuel Capital Investment company, or in any entity established to invest solely in Renewable Fuel Capital Investment companies.
(b)No bank described in subsection (a) may make investments described in such subsection that are greater than 5 percent of the capital and surplus of the bank.
Reference
Citations & Metadata
Citation
15 U.S.C. § 690i
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73