Title 15, Commerce and TradeRelease 119-102
§689o Removal or Suspension of Directors or Officers
Title 15 › CHAPTER 14B — SMALL BUSINESS INVESTMENT PROGRAM › SUBCHAPTER III — INVESTMENT DIVISION PROGRAMS › Part B — New Markets Venture Capital Program › § 689o
Summary
The Administrator can remove or suspend any New Markets Venture Capital director or officer using the removal and suspension steps in section 687e when those steps do not conflict with the rules in this part.
Full Legal Text
Title 15, §689o
Commerce and Trade, Source: USLM XML via OLRC
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.
Reference
Citations & Metadata
Citation
15 U.S.C. § 689o
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102