Regulatory Text

13 C.F.R. § 120.435 — Which loan pledges do not require notice to or consent by SBA?

§ 120.435 Which loan pledges do not require notice to or consent by SBA? (a) Notwithstanding the provisions of § 120.434(e), 7(a) loans may be pledged for the following purposes without notice to or consent by SBA: (1) Treasury tax and loan accounts; (2) The deposit of public funds; (3) Uninvested trust funds; (4) Borrowings from a Federal Reserve Bank; or (5) Advances by a Federal Home Loan Bank. (b) For purposes of the Paycheck Protection Program (PPP), the other provisions of § 120.434 shall also not apply to PPP loans pledged under paragraph (a)(4) or (5) of this section. [85 FR 21752, Apr. 20, 2020] Delegated Authority Criteria

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-B293F9

Entity Class

REGULATION / FEDERAL-CFR-SECTION

Domain Signature

boisestandard.org

Citation

13 C.F.R. § 120.435

Corpus

CFR — Code of Federal Regulations

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

cbcfed6f73198aa1...

Semantic Edges

Pending — corpus passes queued

The regulatory text of 13 C.F.R. § 120.435 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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Title 13 — Business Credit and Assistance

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