13 C.F.R. § 107.20

Legal basis and applicability of this part 107

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(a) The regulations in this part implement Title III of the Small Business Investment Act of 1958, as amended. All Licensees must comply with all applicable regulations, accounting guidelines and valuation guidelines for Licensees.

(b) Provisions of this part which are not mandated by the Act shall not supersede existing State law. A party claiming that a conflict exists shall submit an opinion of independent counsel, citing authorities, for SBA's resolution of the issues involved.

Notes of Decisions
Cited in 4 cases, 2001–2011 · leading case: In Re QuVIS, Inc., 446 B.R. 490 (Bankr. D. Kan. 2011).
In Re QuVIS, Inc., 446 B.R. 490 (Bankr. D. Kan. 2011). “The federal regulations governing SBICs are found at 13 C.F.R. Part 107.20 et seq. [15] Seacoast Ex.”
United States v. ECC Partners, L.P., 820 F. Supp. 2d 654 (D. Maryland 2011). “, and its accompanying regulations, 13 C.F.R. § 107.20 et seq. (the “Regulations”).”
Transworld Telecomm., Inc. v. Pac. Mezzanine Fund, L.P. (In Re Transworld Telecomm., Inc.), 260 B.R. 204 (D. Utah 2001). “13 C.F.R. § 107.20 . 4. The cost of money for a particular financing is to be determined as of the date a loan commitment is issued, or as of the date of the first closing of the financing.”
Friesen v. Seacoast Capital Partners II, L.P. (In re QuVis, Inc.), 446 B.R. 490 (Bankr. D. Kan. 2011). “The federal regulations governing SBICs are found at 13 C.F.R. Part 107.20 et seq. . Seacoast Ex.”
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