13 CFR 107.460 - Restrictions on Common Control or ownership of two (or more) Licensees.
(a)General rule. 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:
(b)Exceptions to general rule. This § 107.460 does not apply to:
(1) Common officers, directors, managers, or owners of a Section 301(c) Licensee and its Section 301(d) subsidiary; or