13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.202

Restrictions on loans for changes in ownership.

Title 13 C.F.R. ● ACTIVE Primary Source
Regulatory Text

13 C.F.R. § 120.202 — Restrictions on loans for changes in ownership.

§ 120.202 Restrictions on loans for changes in ownership. A Borrower may not use 7(a) loan proceeds to purchase a portion of a business or a portion of another owner's interest. One or more current owners may use loan proceeds to purchase the entire interest of another current owner, or a Borrower can purchase ownership of an entire business. Maturities; Interest Rates; Loan and Guarantee Amounts

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR13-SEC-E95CDB
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Citation
13 C.F.R. § 120.202
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The regulatory text of 13 C.F.R. § 120.202 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 13 13 C.F.R. § 120.202