13 CFR 120.1724

§ 120.1724 Servicing and liquidation expenses.

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

Cite this

Citation: 13 CFR 120.1724, § 120.1724 Servicing and liquidation expenses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52328
Permanent ID: ys:prov:52328@1
SHA-256: 84f55e04afcbfae7b07e23917a2065d70ee62613576ebf1a36c26a4ce42cefb8

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

All ordinary and reasonable expenses of servicing and liquidating Seller's Pool Loan shall be paid by, or be recoverable from, Obligor, and all such ordinary and reasonable expenses incurred by Seller or SBA which are not recoverable from Obligor shall be shared ratably by Seller, SBA, and the Pool Originator pursuant to the applicable percentages set forth in the First Lien Position 504 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.