1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - SMALL BUSINESS ADMINISTRATION
  4. Part 120 - BUSINESS LOANS
  5. Subpart J - Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools
  6. 13 CFR § 120.1726
13 CFR § 120.1726
Pool Certificates a Seller cannot purchase
November 10, 2020
CFR

Neither a Seller, nor any of its Program Associates or Affiliates, may purchase a Pool Certificate that is backed by a Loan Interest in a Pool Loan that the Seller, or any of its Program Associates or Affiliates, originated or owned, and, in the event such purchase occurs, SBA's guarantee shall not be in effect with respect to any such Pool Certificate.

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§ 120.1725 No Program Preference by Seller or Pool Originator

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