Regulations last checked for updates: Nov 22, 2024

Title 13 - Business Credit and Assistance last revised: Nov 20, 2024
§ 147.505 - How are violations of this part determined for recipients who are individuals?

An individual recipient is in violation of the requirements of this part if the SBA Administrator or designee determines, in writing, that—

(a) The recipient has violated the requirements of subpart C of this part; or

(b) The recipient is convicted of a criminal drug offense resulting from a violation occurring during the conduct of any award activity.

authority: 41 U.S.C. 701-707.
source: 68 FR 66557, 66572, Nov. 26, 2003, unless otherwise noted.
cite as: 13 CFR 147.505