New York Banking Law Article 5-D - SMALL BUSINESS INVESTMENT COMPANIES

• 228-a - Establishment.
  1. A small business investment company to be known as the "New York small business investment company," shall be organized under the business corporation law...
• 228-b - Definitions.
  As used in this article, the following terms and abbreviations shall have the meanings indicated: 1. "NYSBIC" means the New York small business investment company...
• 228-c - Purposes, Powers and Operation.
  1. (a) The purposes of the NYSBIC shall be to serve the needs of the small business community in the state of New York. The...
• 228-d - New York Small Business Investment Company; Board of Directors.
  1. The corporate powers of the New York small business investment companies shall be exercised by a board of directors, which shall consist of thirty...
• 228-e - New York Specialized Small Business Investment Company; Board of Directors.
  1. The corporate powers of the New York specialized small business investment companies shall be exercised by a board of directors, which shall consist of...
• 228-f - Reports.
  1. The investment companies shall make an annual report of their conditions to the governor, the legislature and the superintendent of financial services, on or...

Last modified: February 3, 2019