Impact Of The Revised 'Passive Business Rule' On SBICs

Law360, New York (December 5, 2014, 10:07 AM EST) -- On Oct. 21, 2014, the U.S. Small Business Administration announced its revisions to the regulations governing small business investment company (SBIC) investments in "passive businesses" (the "Passive Business Rule"). After years of debate among SBICs, professionals and lawmakers regarding the practical impact of the Passive Business Rule, the revised regulations address a number of the issues discussed over the years, while leaving certain others open for future debate....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!