13 CFR 107.520 - Management Expenses of a Licensee.
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SBA must approve any increases in your Management Expenses if you have outstanding Leverage or Earmarked Assets.
(b) Management Expenses do not include services provided by specialized outside consultants, outside lawyers and independent public accountants, if they perform services not generally performed by a venture capital company.
Title 13 published on 2014-01-01
no entries appear in the Federal Register after this date.