Each rural business investment company that participates in the program established under this subchapter shall be subject to examinations made at the direction of the Secretary in accordance with this section.
(b) Assistance of private sector entities
An examination under this section may be conducted with the assistance of a private sector entity that has the qualifications and the expertise necessary to conduct such an examination.
(1) In general
The Secretary may assess the cost of an examination under this section, including compensation of the examiners, against the rural business investment company examined.
Any rural business investment company against which the Secretary assesses costs under this paragraph shall pay the costs.
(d) Deposit of funds
Funds collected under this section shall—
(1)be deposited in the account that incurred the costs for carrying out this section;
(2)be made available to the Secretary to carry out this section, without further appropriation; and
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.