13 CFR 120.1712 - Seller responsibilities with respect to Seller's Pool Loan.

Regulations last checked for updates: Feb 16, 2025

Title 13 - Business Credit and Assistance last revised: Jan 21, 2025

View all text of Subpart J [§ 120.1700 - § 120.1726]

§ 120.1712 - Seller responsibilities with respect to Seller's Pool Loan.

Seller shall remain obligated for servicing and liquidating Seller's Pool Loan until the Pool Loan is repaid in full unless SBA provides written approval or notice to the contrary.

authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182

source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.

cite as: 13 CFR 120.1712