The American Ownership and Resilience Act establishes a domestic ownership succession investment facility to support independent business ownership.
The American Ownership and Resilience Act establishes a domestic ownership succession investment facility to provide leverage to ownership investment companies for covered business concerns. The Department of Commerce will issue licenses to these companies, which must meet certain capital requirements and adhere to diversification and investment rules. The act also outlines procedures for license applications, examinations, and the issuance of orders to cease and desist from unlawful acts.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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