{"abstract":"This final rule allows a Small Business Investment Company (SBIC) to assume control over a small business concern, without notice to the SBA, and to retain such control for a period of up to seven years, or longer with SBA approval. The final rule also allows an SBIC to sell equity securities in a portfolio concern to a competitor of that portfolio concern.","action":"Final rule.","agencies":[{"raw_name":"SMALL BUSINESS ADMINISTRATION","name":"Small Business Administration","id":468,"url":"https://www.federalregister.gov/agencies/small-business-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/468","parent_id":null,"slug":"small-business-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2002/10/22/02-26546.html","cfr_references":[{"chapter":null,"citation_url":null,"part":107,"title":13}],"citation":"67 FR 64789","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This rule is effective on November 21, 2002.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"02-26546","effective_on":"2002-11-21","end_page":64791,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2002/10/22/02-26546.xml","html_url":"https://www.federalregister.gov/documents/2002/10/22/02-26546/small-business-investment-companies","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/02-26546?publication_date=2002-10-22","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2002-10-22/02-26546/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":106,"last_updated":"2026-10-24 16:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2002-10-22/pdf/02-26546.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2002-10-22","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2002/10/22/02-26546.txt","regulation_id_number_info":{"3245-AE88":{"issue":"200204","html_url":"https://www.federalregister.gov/regulations/3245-AE88/small-business-investment-companies","title":"Small Business Investment Companies","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=200204&RIN=3245-AE88&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3245-AE88"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T07:43:18Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":64789,"subtype":null,"title":"Small Business Investment Companies","toc_doc":"Small business concerns; assumption of control","toc_subject":"Small business investment companies:","topics":["Investment companies","Loan programs-business","Reporting and recordkeeping requirements","Small businesses"],"type":"Rule","volume":67}