[Federal Register Volume 76, Number 37 (Thursday, February 24, 2011)]
[Notices]
[Pages 10420-10421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-4122]


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SMALL BUSINESS ADMINISTRATION


Delegation of Authority

AGENCY: U.S. Small Business Administration.

ACTION: Notice of delegation of authority.

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SUMMARY: This document provides the public notice of the delegation of 
authority for certain investment activities by the Administrator of the 
Small Business Administration (SBA) to the Agency Licensing Committee.

FOR FURTHER INFORMATION CONTACT: Sean Greene, Associate Administrator 
for Investment, U.S. Small Business Administration, 409 3rd Street, 
SW., Washington, DC 20416; (202) 205-2227 or [email protected].

SUPPLEMENTARY INFORMATION: This document provides the public notice of 
the Administrator's delegation of authority to the Agency Licensing 
Committee to review and recommend to the Administrator for approval 
applications for licenses to operate as a small business investment 
company under the Small Business Investment Act of 1958, as amended.
    This delegation of authority reads as follows:
    Pursuant to the authority vested in me pursuant to section 301 of 
the Small Business Investment Act of 1958, as amended, the authority to 
take any and all actions necessary to review applications for licensing 
under section 301 of the Small Business Investment Act of 1958, as 
amended, and to recommend to the Administrator which such applications 
should be approved is delegated to the Agency Licensing Committee.
    The Agency Licensing Committee shall be composed of the following 
members: Deputy Administrator, Chair; Associate Administrator for 
Capital Access; Associate Administrator for Investment; General 
Counsel; Deputy General Counsel; Chief Financial Officer.
    This authority revokes all other authorities granted by the 
Administrator to recommend and approve applications for a license to 
operate as a small business investment company under the Small Business 
Investment Act of 1958, as amended. This authority may not be re-
delegated; however, in the event that the person serving in one of the 
positions listed as a member of the Agency Licensing Committee is 
absent from the office, as defined in SBA Standard Operating Procedure 
00 01 2, Chapter 3, paragraph 2, or is unable to perform the functions 
and duties of his or her position, the individual serving in an acting 
capacity, pursuant to a written and established line of succession, 
shall serve on the Committee during such absence or inability. In 
addition, if one of the positions listed as a member of the

[[Page 10421]]

Agency Licensing Committee is vacant, the individual serving in that 
position in an acting capacity shall serve on the Agency Licensing 
Committee. This authority will remain in effect until revoked in 
writing by the Administrator or by operation of law.

    Dated: February 17, 2011.
Karen G. Mills,
Administrator.
[FR Doc. 2011-4122 Filed 2-23-11; 8:45 am]
BILLING CODE 8025-01-P