13 C.F.R. § 108.100 Business form.
Title 13 - Business Credit and Assistance
A NMVC Company must be a newly formed for-profit entity or, subject to §108.150, a newly formed for-profit subsidiary of an existing entity. It must be organized under State law solely for the purpose of performing the functions and conducting the activities contemplated under the Act. It may be organized as a corporation (“Corporate NMVC Company”), a limited partnership (“Partnership NMVC Company”), or a limited liability company (“LLC NMVC Company”).
Title 13: Business Credit and Assistance
PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
Subpart C—Qualifications for the NMVC Program
Organizing a NMVC Company
§ 108.100 Business form.
