StacksVerified U.S. regulatory reference

13 CFR §120.926

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The CDC can receive a reasonable referral fee from the Third Party Lender if the CDC secured the Third Party Lender for the Borrower under a written contract between the CDC and the Third Party Lender. Both the CDC and the Third Party Lender are prohibited from charging this fee to the Borrower. If a CDC charges a referral fee, the CDC will be construed as a Referral Agent under part 103 of this chapter.