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SBA | RIN: 3245-AE83 | Publication ID: Spring 2003 |
Title: Business Loans and Development Company Loans; Applications by Certified Development Companies (CDCs) for Liquidation and Litigation Authority/Uniform Liquidation and Litigation Procedures | |
Abstract: This proposed rule would implement statutory provisions that give some Certified Development Companies (CDCs) authority to handle liquidation and litigation of loans that are funded with the proceeds of debentures guaranteed by the SBA under the 504 loan program. It also proposes uniform liquidation and litigation procedures for authorized CDCs and for lenders participating in the 7(a) business loan program. | |
Agency: Small Business Administration(SBA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 13 CFR 120 | |
Legal Authority: 15 USC 634(b)(6) 15 USC 636(a) 15 USC 636(h) 15 USC 697(a)(2) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
Agency Contact: James W. Hammersley Deputy Assistant Administrator, Office of Policy and Strategic Planning Small Business Administration 8th Floor, 409 Third Street SW, Washington, DC 20416 Phone:202 205-6490 Email: james.hammersley@sba.gov |