13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.645

Redemption of Certificates.

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

13 C.F.R. § 120.645 — Redemption of Certificates.

§ 120.645 Redemption of Certificates. (a) Redemption of Individual Certificate. The prepayment of the underlying loan or a default on such loan will trigger the redemption of the Certificate by FTA/SBA in accordance with the procedures prescribed in the SPGA. (b) Redemption of Pool Certificate. The FTA and SBA may redeem a Pool Certificate because of prepayment or default of all loans in a Pool.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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13 C.F.R. § 120.645
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The regulatory text of 13 C.F.R. § 120.645 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. § 120.645