Regulatory Text
13 C.F.R. § 120.353 — Eligibility.
§ 120.353 Eligibility. SBA may assist a qualified employee trust (or equivalent trust) that meets the requirements and conditions for an ESOP prescribed in all applicable IRS, Treasury and Department of Labor (DOL) regulations. In addition, the following conditions apply: (a) The small business must provide the funds needed by the trust to repay the loan; and (b) The small business must provide adequate collateral.
Source: ecfr.gov · govinfo.gov — public domain
Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR13-SEC-EE3B7C
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
13 C.F.R. § 120.353
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
c44bcdc3230dc754...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 13 C.F.R. § 120.353 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.
Navigate Corpus — Title 13 C.F.R.
Title 13 — Business Credit and Assistance
13 C.F.R. § 101.10013 C.F.R. § 101.10113 C.F.R. § 101.10213 C.F.R. § 101.10313 C.F.R. § 101.10413 C.F.R. § 101.10513 C.F.R. § 101.10613 C.F.R. § 101.10713 C.F.R. § 101.10813 C.F.R. § 101.10913 C.F.R. § 101.20013 C.F.R. § 101.20113 C.F.R. § 101.30013 C.F.R. § 101.30113 C.F.R. § 101.30213 C.F.R. § 101.30313 C.F.R. § 101.40013 C.F.R. § 101.40113 C.F.R. § 101.40213 C.F.R. § 101.40313 C.F.R. § 101.40413 C.F.R. § 101.40513 C.F.R. § 101.40613 C.F.R. § 101.40713 C.F.R. § 101.50013 C.F.R. § 102.113 C.F.R. § 102.213 C.F.R. § 102.313 C.F.R. § 102.413 C.F.R. § 102.5
13 C.F.R. — public domain
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