13 CFR 108.400

§ 108.400 Changes in ownership of 10 percent or more of NMVC Company but no change of Control.

United States · 13 CFR — Business Credit and Assistance · Status: effective

Cite this

Citation: 13 CFR 108.400, § 108.400 Changes in ownership of 10 percent or more of NMVC Company but no change of Control, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51741
Permanent ID: ys:prov:51741@1
SHA-256: 22e180bc38b9b737f88659ea75265ca965767fe8e068ea0b0607741c331616cc

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Full text

You must obtain SBA's prior written approval for any proposed transfer or issuance of ownership interests that results in the ownership (beneficial or of record) by any Person, or group of Persons acting in concert, of at least 10 percent of any class of your stock, partnership capital or membership interests.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.