Regulatory Text

13 C.F.R. § 120.612 — Loans eligible to back Certificates.

§ 120.612 Loans eligible to back Certificates. (a) Pool Certificates are backed by the SBA guaranteed portions of loans comprising the Pool. An Individual Certificate is backed by the SBA guaranteed portion of a single loan. Any such loan must: (1) Be current as of the date the Pool is formed or the individual guaranteed portion of a loan is initially sold in the Secondary Market; (2) Be guaranteed under the Act; and (3) Meet such other standards as SBA may determine to be necessary for the successful operation of the Secondary Market program. (b) The loans that back a Pool must meet the SBA requirements in effect at the time the Pool is formed.

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-3D5B14

Entity Class

REGULATION / FEDERAL-CFR-SECTION

Domain Signature

boisestandard.org

Citation

13 C.F.R. § 120.612

Corpus

CFR — Code of Federal Regulations

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

cbb3b712640bb5b3...

Semantic Edges

Pending — corpus passes queued

The regulatory text of 13 C.F.R. § 120.612 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

13 C.F.R. — public domain ← All Legislation