Section 80b–5 of this title, referred to in subsec. (a)(3)(B)(iii), was amended generally by Pub. L. 100–181, title VII, § 703, Dec. 4, 1987, 101 Stat. 1263, and, as so amended, the subject matter of former paragraph (1) and clauses (A) and (B) of section 80b–5 is contained in subsections (a)(1) and (b)(1) and (2) of section 80b–5.

The Small Business Investment Act of 1958, referred to in subsec. (a)(4), is Pub. L. 85–699, Aug. 21, 1958, 72 Stat. 689), as amended, which is classified principally to chapter 14B (§ 661 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 661 of this title and Tables.

1996—Subsec. (a)(2). Pub. L. 104–290, § 506(1), substituted a period for “if such business development company does not have outstanding any publicly held indebtedness, and all such securities of each class are—

“(A) privately held or guaranteed by the Small Business Administration, or banks, insurance companies, or other institutional investors; and

“(B) not intended to be publicly distributed.”

Subsec. (a)(3)(A). Pub. L. 104–290, § 506(2)(A), (B), inserted “accompanied by securities,” after “of such company,” and struck out “senior securities representing indebtedness accompanied by” before “warrants, options, or rights”.

Subsec. (a)(3)(A)(ii). Pub. L. 104–290, § 506(2)(C), struck out “senior” before “securities”.

Subsec. (a)(3)(C). Pub. L. 104–290, § 506(3), added subpar. (C).