15 USC 9542: Agency study on alternative financing solutions
Text contains those laws in effect on November 23, 2024
From Title 15-COMMERCE AND TRADECHAPTER 120-MINORITY BUSINESS DEVELOPMENTSUBCHAPTER II-NEW INITIATIVES TO PROMOTE ECONOMIC RESILIENCY FOR MINORITY BUSINESSES
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§9542. Agency study on alternative financing solutions
(a) Purpose
The purpose of this section is to provide information relating to alternative financing solutions to minority business enterprises, as those business enterprises are more likely to struggle in accessing, particularly at affordable rates, traditional sources of capital.
(b) Study and report
Not later than 1 year after November 15, 2021, the Under Secretary shall-
(1) conduct a study on opportunities for providing alternative financing solutions to minority business enterprises; and
(2) submit to Congress, and publish on the website of the Agency, a report describing the findings of the study carried out under paragraph (1).
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