New York Laws
Article 5-D - Small Business Investment Companies
228-B - Definitions.

(i) a poverty rate of at least twenty percent for the year to which
the data relates or at least twenty percent of the households receiving
public assistance; and
(ii) an unemployment rate of at least one and twenty-five one
hundredths times the statewide unemployment rate for the year to which
the data relates; or
(b) a city, town, village or county within a city with a population of
one million or more for which: (i) the ratio of the full value property
wealth, as determined by the comptroller for the year nineteen hundred
ninety, per resident to the statewide average full value property wealth
per resident; and (ii) the ratio of the income per resident, as shown in
the nineteen hundred ninety census to the statewide average income per
resident; are each fifty-five percent or less of the statewide average.
4. "Investment companies" means the NYSBIC and the NYSSBIC
collectively.
5. "Section 301(c)" means Section 301(c) of Title III, 15 U.S.C.
681(c).
6. "Section 301(d)" means Section 301(d) of Title III, 15 U.S.C.
681(d).
7. "Title III" means Title III of the Small Business Investment Act of
1958, United States Pub. L. 85-699 (as amended).
8. "Voting shareholders" means those shareholders of the NYSBIC or the
NYSSBIC that contribute to the capitalization and ongoing funding of the
investment companies.