96-28460. Canaan S.B.I.C., L.P. (License No. 01/71-0361); Notice of Request for Exemption On October 15, 1996, Canaan S.B.I.C., L.P.(the ``Licensee''), a Delaware limited partnership and SBIC Licensee number 01/71-0361 filed a request to the SBA ...

[Federal Register Volume 61, Number 216 (Wednesday, November 6, 1996)]
[Notices]
[Page 57508]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-28460]


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SECURITIES AND EXCHANGE COMMISSION
SMALL BUSINESS ADMINISTRATION

Canaan S.B.I.C., L.P. (License No. 01/71-0361); Notice of Request 
for Exemption
    On October 15, 1996, Canaan S.B.I.C., L.P.(the ``Licensee''), a 
Delaware limited partnership and SBIC Licensee number 01/71-0361 filed 
a request to the SBA pursuant to Section 107.730(a) of the Regulations 
governing small business investment companies (13 C.F.R. 107.730(a) 
(1996)) for an exemption allowing the Licensee to invest in Visteon 
Corporation (Visteon), of Orlando, Florida. Visteon received prior 
financial assistance from an Associate (as defined by Section 107.50 of 
the SBA Regulations) of the Licensee, and has itself become an 
Associate of the Licensee.
    Visteon is currently in need of additional capital, however, the 
Licensee can only offer this assistance to Visteon upon receipt of a 
prior written exemption from SBA. The exemption requested is the basis 
for this notice, and is required pursuant to Sec. 107.730(g) of the 
Regulations.
    Notice is hereby given that any person may, not later than 15 days 
from the date of publication of this Notice, submit written comments on 
this exemption request to the Associate Administrator for Investment, 
Small Business Administration, 409 3rd Street, SW, Washington, DC 
20416. A copy of this Notice will be published in a newspaper of 
general circulation in Orlando, Florida.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small 
Business Investment Companies)
    Dated: October 29, 1996.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 96-28460 Filed 11-5-96; 8:45 am]
BILLING CODE 8025-01-P