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13 CFR 120.939

§ 120.939 Borrower prohibition.

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

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13 CFR 120.939, § 120.939 Borrower prohibition, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52266
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Neither a Borrower nor an Associate of the Borrower may purchase an interest in a Debenture Pool in which the Debenture that funded its 504 loan has been placed.

Legislative history

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