StacksVerified U.S. regulatory reference

13 CFR §108.1240

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)NMVC Company's authorization of SBA to arrange sale of securities to third-party. By submitting a request for a draw of Debenture Leverage, you authorize SBA, or any agent or trustee SBA designates, to enter into any agreements (and to bind you to such agreements) necessary to accomplish:
    1. (1)The sale of your Debenture to a third-party at a rate approved by SBA; and
    2. (2)The purchase of your security from the third-party and the pooling of your security with other securities with the same maturity date.
  2. (b)Sale of Debentures to a third-party. If SBA arranges for the sale of your Debenture to a third-party, the sale price may be an amount discounted from the face amount of the Debenture.