13 CFR 107.1170 - Maximum amount of Participating Securities for any Licensee.

Regulations last checked for updates: Oct 17, 2024

Title 13 - Business Credit and Assistance last revised: Oct 01, 2024

View all text of Subpart I [§ 107.1100 - § 107.1720]

§ 107.1170 - Maximum amount of Participating Securities for any Licensee.

The maximum amount of Participating Securities you may have outstanding at any time is 200 percent of your Leverageable Capital. If you are a Section 301(d) Licensee, the maximum combined amount of Participating Securities and Preferred Securities you may have outstanding at any time is 200 percent of your Leverageable Capital.

authority: 15 U.S.C. 662,681,687b,687k

source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.

cite as: 13 CFR 107.1170