46 CFR §298.38
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Partnership and limited liability company agreements must be in form and substance satisfactory to us prior to any Guarantee Closing, especially relating, but not limited to:
- (a)Duration of the entity;
- (b)Adequate partnership or limited liability company funding requirements and mechanisms;
- (c)Dissolution of the entity and withdrawal of a general partner or member;
- (d)The termination, amendment, or other modification of the entity without our prior written consent; and
- (e)Distribution of funds or ownership interest.