I object!... to how much coffee I need to function during finals.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - Small Business Investment Act

LSDefine

Make crime pay. Become a lawyer.

✨ Enjoy an ad-free experience with LSD+

Definition of Small Business Investment Act

The Small Business Investment Act is a federal law that was first passed in 1958. It allows investment companies to be created and licensed to provide long-term equity capital to small businesses. The Small Business Administration is responsible for implementing this law.

For example, if a small business needs funding to expand its operations, it can seek out an investment company that is licensed under the Small Business Investment Act. The investment company can then provide the necessary capital to help the business grow.

The Small Business Investment Act is important because it helps small businesses access the funding they need to succeed. Without this law, many small businesses would struggle to find the capital they need to grow and create jobs.

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

The Small Business Investment Act is a law that was created in 1958. It allows companies to be formed and licensed to provide long-term money to small businesses. The Small Business Administration is in charge of making sure this law is followed.

Justice is truth in action.

✨ Enjoy an ad-free experience with LSD+

If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.

✨ Enjoy an ad-free experience with LSD+