1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - SMALL BUSINESS ADMINISTRATION
  4. Part 120 - BUSINESS LOANS
  5. Subpart H - Development Company Loan Program (504)
  6. Topic - 504 Loans and Debentures
  7. 13 CFR § 120.939
13 CFR § 120.939
Borrower prohibition
November 10, 2020
CFR

Neither a Borrower nor an Associate of the Borrower may purchase an interest in a Debenture Pool in which the Debenture that funded its 504 loan has been placed.

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§ 120.938 Default
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§ 120.940 Prepayment of the 504 loan or Debenture

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