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13 CFR 120.1722

§ 120.1722 SBA's offset rights.

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

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13 CFR 120.1722, § 120.1722 SBA's offset rights, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52326
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Full text

SBA shall have the right to offset any amount owed by Lender to SBA, including, without limitation, an offset against CSA's obligation to pay Lender pursuant to any Section 504 First Mortgage Loan Pool Guarantee Agreement.

Legislative history

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