Pub. L. 102-366, tit. IV, sec. 411

INTEREST RATE CEILING.

EnactedYear: 1992Length: 93 wordsOfficial source
SEC. 411. INTEREST RATE CEILING. Section 305 of the Small Business Investment Act of 1958 (15 U.S.C. 685) is amended by striking the period at the end of subsection (c) and by inserting in lieu thereof the following: “: Provided, That the Administration also shall permit those companies which have issued debentures pursuant to this Act to charge a maximum rate of interest based upon the coupon rate of interest on the outstanding debentures, determined on an annual basis, plus such other expenses of the company as may be approved by the Administration.”.
Pub. L. 102-366, tit. IV, sec. 411: INTEREST RATE CEILING. | Justis AI