13 CFR 107.885
§ 107.885 Disposition of assets to Licensee's Associates or to competitors of Portfolio Concern.
United States · 13 CFR — Business Credit and Assistance · Status: effective
Cite this
- Citation
- 13 CFR 107.885, § 107.885 Disposition of assets to Licensee's Associates or to competitors of Portfolio Concern, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51650
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Full text
Sale of assets to Associate. Except with SBA's prior written approval, you are not permitted to dispose of assets (including assets acquired in liquidation) to any Associate if you have outstanding Leverage or Earmarked Assets. As a prerequisite to such approval, you must demonstrate that the proposed terms of disposal are at least as favorable to you as the terms obtainable elsewhere.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.