13 CFR 120.650

§ 120.650 Registration duties of FTA in Secondary Market.

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

Cite this

Citation: 13 CFR 120.650, § 120.650 Registration duties of FTA in Secondary Market, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52181
Permanent ID: ys:prov:52181@1
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Full text

The FTA registers all Certificates. This means it issues, transfers title to, and redeems them. All financial transactions relating to a guaranteed portion of a loan flow through the FTA. In fulfilling its obligation to keep the central registry current, the FTA may, with SBA's approval, obtain any necessary information from the parties involved in the Secondary Market.

Legislative history

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