C.F.R. » Title 13 » CHAPTER I—SMALL BUSINESS ADMINISTRATION › PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM › Subpart F—Changes in Ownership, Structure, or Control

13 C.F.R. § 108.460

Restrictions on Common Control or ownership of two (or more) NMVC Companies

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Without SBA's prior written approval, you must not have an officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) who is also:

(a) An officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) of another NMVC Company; or

(b) An officer or director of any Person that directly or indirectly controls, or is controlled by, or is under Common Control with, another NMVC Company.