---
kind: "section"
citation: "15 U.S.C. § 689k"
title: "15"
title_heading: "Commerce and Trade"
number: "689k"
heading: "Examinations"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/689k"
units:
  - "Chapter 14B — Small Business Investment Program"
  - "Subchapter III — Investment Division Programs"
  - "Part B — New Markets Venture Capital Program"
---

# §689k. Examinations

- (a) **In general—** Each [New Markets Venture Capital company](/usc/15/689.md?p=4) that participates in the program established under this part shall be subject to examinations made at the direction of the Investment Division of the Small Business [Administration](/usc/15/662.md?p=1) 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) **1 Assessment—**
    - (A) **In general—** The [Administrator](/usc/15/662.md?p=2) may assess the cost of examinations under this section, including compensation of the examiners, against the [company](/usc/15/662.md?p=3) examined.
    - (B) **Payment—** Any [company](/usc/15/662.md?p=3) against which the [Administrator](/usc/15/662.md?p=2) assesses costs under this paragraph shall pay such costs.
- (d) **Deposit of funds—** Funds collected under this section shall be deposited in the account for salaries and expenses of the Small Business [Administration](/usc/15/662.md?p=1).

## Footnotes

[^1]: So in original. No par. (2) has been enacted.

## Source credit

(Pub. L. 85–699, title III, § 362, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–662.)