13 CFR 108.885
§ 108.885 Disposition of assets to NMVC Company's Associates.
United States · 13 CFR — Business Credit and Assistance · Status: effective
Cite this
- Citation
- 13 CFR 108.885, § 108.885 Disposition of assets to NMVC Company's Associates, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/51784
- Permanent ID
ys:prov:51784@1- SHA-256
a1e44640ce939a514de14a865a22e6d773cdcb9f2f37b03d34dab5a4e8690da6
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Full text
Except with SBA's prior written approval, you are not permitted to dispose of assets (including assets acquired in liquidation) to any Associate. 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.