Page:United States Statutes at Large Volume 121.djvu/1803

 121 STAT. 1782

PUBLIC LAW 110–140—DEC. 19, 2007

‘‘(2) MATCHING REQUIREMENT.—The Administrator may require, as a condition of any supplemental grant made under this subsection, that the company or entity receiving the grant provide from resources (in a cash or in kind), other then those provided by the Administrator, a matching contribution equal to the amount of the supplemental grant. ‘‘(c) LIMITATION.—None of the assistance made available under this section may be used for any overhead or general and administrative expense of a Renewable Fuel Capital Investment company. ‘‘SEC. 390. BANK PARTICIPATION.

15 USC 690i.

‘‘(a) IN GENERAL.—Except as provided in subsection (b), any national bank, any member bank of the Federal Reserve System, and (to the extent permitted under applicable State law) any insured bank that is not a member of such system, may invest in any Renewable Fuel Capital Investment company, or in any entity established to invest solely in Renewable Fuel Capital Investment companies. ‘‘(b) LIMITATION.—No bank described in subsection (a) may make investments described in such subsection that are greater than 5 percent of the capital and surplus of the bank. ‘‘SEC. 391. FEDERAL FINANCING BANK.

15 USC 690j.

‘‘Notwithstanding section 318, the Federal Financing Bank may acquire a debenture issued by a Renewable Fuel Capital Investment company under this part. 15 USC 690k.

‘‘SEC. 392. REPORTING REQUIREMENT.

‘‘Each Renewable Fuel Capital Investment company that participates in the program established under this part shall provide to the Administrator such information as the Administrator may require, including— ‘‘(1) information related to the measurement criteria that the company proposed in its program application; and ‘‘(2) in each case in which the company makes, under this part, an investment in, or a loan or a grant to, a business that is not primarily engaged in the research, development, manufacture, or bringing to market or renewable energy sources, a report on the nature, origin, and revenues of the business in which investments are made. 15 USC 690l.

‘‘SEC. 393. EXAMINATIONS.

dkrause on GSDDPC44 with PUBLAW

‘‘(a) IN GENERAL.—Each Renewable Fuel Capital Investment company that participates in the program established under this part shall be subject to examinations made at the direction of the Investment Division of the Administration in accordance with this section. ‘‘(b) ASSISTANCE OF PRIVATE SECTOR ENTITIES.—Examinations under this section may be conducted with the assistance of a private sector entity that has both the qualifications and the expertise necessary to conduct such examinations. ‘‘(c) COSTS.— ‘‘(1) ASSESSMENT.— ‘‘(A) IN GENERAL.—The Administrator may assess the cost of examinations under this section, including compensation of the examiners, against the company examined.

VerDate Aug 31 2005

07:12 Jan 26, 2009

Jkt 059194

PO 00002

Frm 00490

Fmt 6580

Sfmt 6581

M:\STATUTES\2007\59194PT2.001

APPS10

PsN: 59194PT2

�