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

# §689l. Injunctions and other orders

- (a) **In general—** Whenever, in the judgment of the [Administrator](/usc/15/662.md?p=2), a [New Markets Venture Capital company](/usc/15/689.md?p=4) or any other [person](/usc/15/7a.md?p=6) has engaged or is about to engage in any acts or practices which constitute or will constitute a violation of any provision of this chapter, or of any rule or regulation under this chapter, or of any order issued under this chapter, the [Administrator](/usc/15/662.md?p=2) may make application to the proper district court of the United States or a United States court of any place subject to the jurisdiction of the United States for an order enjoining such acts or practices, or for an order enforcing compliance with such provision, rule, regulation, or order, and such courts shall have jurisdiction of such actions and, upon a showing by the [Administrator](/usc/15/662.md?p=2) that such [New Markets Venture Capital company](/usc/15/689.md?p=4) or other [person](/usc/15/7a.md?p=6) has engaged or is about to engage in any such acts or practices, a permanent or temporary injunction, restraining order, or other order, shall be granted without bond.
- (b) **Jurisdiction—** In any proceeding under [subsection (a)](#a), the court as a court of equity may, to such extent as it deems necessary, take exclusive jurisdiction of the New Market [Venture Capital](/usc/15/690.md?p=6) [company](/usc/15/662.md?p=3) and the assets thereof, wherever located, and the court shall have jurisdiction in any such proceeding to appoint a trustee or receiver to hold or administer under the direction of the court the assets so possessed.
- (c) **Administrator as trustee or receiver—**
  - (1) **Authority—** The [Administrator](/usc/15/662.md?p=2) may act as trustee or receiver of a [New Markets Venture Capital company](/usc/15/689.md?p=4).
  - (2) **Appointment—** Upon request of the [Administrator](/usc/15/662.md?p=2), the court may appoint the [Administrator](/usc/15/662.md?p=2) to act as a trustee or receiver of a [New Markets Venture Capital company](/usc/15/689.md?p=4) unless the court deems such appointment inequitable or otherwise inappropriate by reason of the special circumstances involved.

## Source credit

(Pub. L. 85–699, title III, § 363, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–662.)

## Notes

### Editorial Notes

### References in Text

For definition of “this chapter”, referred to in subsec. (a), see References in Text note set out under section 661 of this title.