15 USC § 689o - Removal or suspension of directors or officers

---
identifier: "/us/usc/t15/s689o"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 689o - Removal or suspension of directors or officers"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "689o"
section_name: "Removal or suspension of directors or officers"
chapter_number: 14
chapter_name: "SMALL BUSINESS INVESTMENT PROGRAM"
subchapter_number: "III"
subchapter_name: "INVESTMENT DIVISION PROGRAMS"
part_number: "B"
part_name: "New Markets Venture Capital Program"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 85–699, title III, § 366, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–664.)"
---


# § 689o. Removal or suspension of directors or officers

section 687e of this title

Using the procedures for removing or suspending a director or an officer of a licensee set forth in  (to the extent such procedures are not inconsistent with the requirements of this part), the Administrator may remove or suspend any director or officer of any New Markets Venture Capital company.

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**Source Credit**: (Pub. L. 85–699, title III, § 366, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–664.)