13 CFR 107.507
§ 107.507 Violations based on false filings and nonperformance of agreements with SBA.
United States · 13 CFR — Business Credit and Assistance · Status: effective
Cite this
- Citation
- 13 CFR 107.507, § 107.507 Violations based on false filings and nonperformance of agreements with SBA, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51603
- Permanent ID
ys:prov:51603@1- SHA-256
201f1c21a087a4d568364099117df30f752eb5b2f99c0ef67d52e13a3e6e6eb3
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Full text
The following shall constitute a violation of this part:
(a) Nonperformance. Nonperformance of any of the requirements of any Debenture or Participating Security or of any written agreement with SBA.
(b) False statement. In any document submitted to SBA:
(1) Any false statement knowingly made; or
(2) Any misrepresentation of a material fact; or
(3) Any failure to state a material fact. A material fact is any fact which is necessary to make a statement not misleading in light of the circumstances under which the statement was made.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.