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13 CFR 123.800

§ 123.800 Purpose.

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

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13 CFR 123.800, § 123.800 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52484
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(a) Purpose. The purpose of this subpart is to ensure SBA Disaster Loans issued pursuant to 15 U.S.C. 636(b) achieve their Congressionally intended goal of rapid repair, rehabilitation and replacement of disaster-damaged real property financed through such loans; to prevent State or Local Requirements (hereafter defined) from delaying and thus frustrating the SBA Disaster Loan program's objective of timely, rapid assistance to and recovery for disaster victims; and to clarify the applicability of certain non-federal laws, codes, ordinances, regulations, permitting requirements, and other administrative practices to federally authorized disaster assistance.

Legislative history

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