13 CFR 108.140
§ 108.140 SBA approval of initial Management Expenses.
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- Citation
- 13 CFR 108.140, § 108.140 SBA approval of initial Management Expenses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51723
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Full text
A NMVC Company must have its Management Expenses approved by SBA at the time of designation as a NMVC Company. (See § 108.520 for the definition of Management Expenses.)
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.