1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - Small Business Administration
  4. Part 108 - New Markets Venture Capital (“NMVC”) Program
  5. Subpart G - Managing the Operations of a NMVC Company
  6. Subject Group - General Requirements
  7. 13 CFR § 108.506
13 CFR § 108.506
Safeguarding the NMVC Company's assets/Internal controls
August 12, 2025
CFR

§ 108.506 Safeguarding the NMVC Company's assets/Internal controls.

You must adopt a plan to safeguard your assets and monitor the reliability of your financial data, personnel, Portfolio, funds and equipment. You must provide your bank and custodian with a certified copy of your resolution or other formal document describing your control procedures.

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§ 108.504 Equipment and office requirements
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§ 108.507 Violations based on false filings and nonperformance of agreements with SBA

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