### Question
How does the law define participating State?


### Answer
Under *12 U.S.C. § 4742*, **participating State** is defined as:

> any State that has been approved for participation in the Program in accordance with section 4743 of this title

#### Citation:
  - *12 U.S.C. § 4742*
  - Heading: **CHAPTER 47-COMMUNITY DEVELOPMENT BANKING > SUBCHAPTER II-SMALL BUSINESS CAPITAL ENHANCEMENT**

