Regulatory Text
13 C.F.R. § 120.961 — Construction escrow accounts.
§ 120.961 Construction escrow accounts. The CSA, title company, CDC attorney, or bank may hold Debenture proceeds in escrow to complete Project components such as landscaping and parking lots, and acquire machinery and equipment if the component or acquisition is a minor portion of the total Project and has been contracted for completion or delivery at a specified price and specific future date. The escrow agent must disburse funds upon approval by the CDC and the SBA, supported by invoices and payable jointly to the small business and the designated contractor. Servicing
Source: ecfr.gov · govinfo.gov — public domain
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Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR13-SEC-808FD0
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
13 C.F.R. § 120.961
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
d6ea32470e4545ce...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 13 C.F.R. § 120.961 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. § 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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