Small Business Investment Incentive Act of 1980

[AI summary unavailable — showing source text] Small Business Investment Incentive Act of 1980 - Title I: Amendments to the Securities Act of 1933 - Amends the Securities Act of 1933 to include within the private offering exemption from full registration any transaction involving securities bearing a legend stating that such securities may not be sold or transferred except to accredited investors provided all purchasers of such securities are accredited investors or persons the issuer reasonably believes to be accredited investors and there is no general advertising or solicitation in connection with the transaction. Defines the term "accredited investor" to include banks, insurance companies, registered investment companies, licensed small business investment companies, venture capital companies, any fund, trust, or account administered by a bank or insurance company, and any purchaser of $100,000 or more of the issuer's securities. Exempts from registration, as a transaction not involving an underwriter, any resale of: (1) securities bearing such a restrictive legend sold to accredited investors or persons reasonably believed to be accredited investors; and (2) securities acquired in a private offering by a venture capital co…