Regulations last checked for updates: Oct 17, 2024

Title 13 - Business Credit and Assistance last revised: Oct 01, 2024
§ 107.1900 - Surrender of license.

You may not surrender your license without SBA's prior written approval. Your request for approval must be accompanied by an offer of immediate repayment of all of your outstanding Leverage (including any prepayment penalties thereon), or by a plan satisfactory to SBA for the orderly liquidation of the Licensee.

authority: 15 U.S.C. 662,681,687b,687k
source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.
cite as: 13 CFR 107.1900