13 C.F.R. § 107.1800

Licensee's agreement to terms and conditions in §§ 107.1810 and 107.1820

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Any Licensee that violates the terms and conditions of its Leverage is subject to SBA remedies. The terms, conditions and remedies in § 107.1810 apply to outstanding Debentures issued after April 25, 1994. The terms, conditions and remedies in § 107.1820 apply to outstanding Participating Securities issued after April 25, 1994, or if you have Earmarked Assets in your portfolio.

[61 FR 3189, Jan. 31, 1996, as amended at 91 FR 9, Jan. 2, 2026]