1. LawStack
  2. Title 13 - Business Credit and Assistance
  3. Chapter I - SMALL BUSINESS ADMINISTRATION
  4. Part 107 - SMALL BUSINESS INVESTMENT COMPANIES
  5. Subpart C - Qualifying for an SBIC License
  6. Topic - Capitalizing an SBIC
  7. 13 CFR § 107.250
13 CFR § 107.250
Exclusion of stock options issued by Licensee from Management Expenses
November 10, 2020
CFR

Stock options issued by any Licensee, including a 1940 or 1980 Act Company, are not considered compensation and therefore do not count as part of a Licensee's Management Expenses.

Previous
§ 107.240 Limitations on including non-cash capital contributions in Private Capital

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