§ 108.100 Business form
§ 108.110 Qualified management
§ 108.120 Economic development primary mission
§ 108.130 Identified Low Income Geographic Areas
§ 108.140 SBA approval of initial Management Expenses
§ 108.150 Management and ownership diversity requirement
§ 108.160 Special rules for NMVC Companies formed as limited partnerships

Terms Used In CFR > Title 13 > Chapter I > Part 108 > Subpart C > Organizing a NMVC Company

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • tax: means the internal revenue tax that is paid or determined on spirits. See 27 CFR 70.601
  • Trustee: A person or institution holding and administering property in trust.
  • you: as used in this part 108 means a NMVC Company unless otherwise noted. See 13 CFR 108.40