StacksVerified U.S. regulatory reference

13 CFR §106.501

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
While SBA may subject the solicitation and/or acceptance of Gifts to additional requirements through internal policy and procedure, the following requirements must apply to all Gift solicitations and/or acceptances under the authority of the Small Business Act sections cited in § 106.500:
  1. (a)SBA is required to use the Gift (whether cash or in-kind) in a manner consistent with the original purpose of the Gift;
  2. (b)There must be written documentation of each Gift solicitation and/or acceptance signed by an authorized SBA official;
  3. (c)Any Gift solicited and/or accepted must undergo a determination, prior to solicitation of the Gift or prior to acceptance of the Gift if unsolicited, of whether a conflict of interest exists between the Donor and SBA; and
  4. (d)All cash Gifts donated to SBA under the authority cited in § 106.500 must be deposited in an SBA trust account at the U.S. Department of the Treasury.