13 CFR 120.435 - Which loan pledges do not require notice to or consent by SBA?

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§ 120.435 Which loan pledges do not require notice to or consent by SBA?

Notwithstanding the provisions of § 120.434(e), 7(a) loans may be pledged for the following purposes without notice to or consent by SBA:

(a) Treasury tax and loan accounts;

(b) The deposit of public funds;

(c) Uninvested trust funds;

(d) Discount borrowings at a Federal Reserve Bank; or

(e) Advances by a Federal Home Loan Bank.

[ 64 FR 6507, Feb. 10, 1999, as amended at 73 FR 75511, Dec. 11, 2008]

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United States Code
Statutes at Large