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SBA RIN: 3245-AH86 Publication ID: Fall 2024 
Title: Amendments to Liquidation and Litigation Regulations 
Abstract:

SBA will propose amendments to the regulations governing the Agency’s loan liquidation and litigation procedures and requirements. Among other issues, the proposed amendments will address payment of legal fees, procedures for approval of liquidation and litigation plans, including maximum amounts for routine litigation, and occupancy requirements during the liquidation phase.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 120   
Legal Authority: sec. 7 of the Small Business Act   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  12/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jihoon Kim
Director, Office of Financial Program Operations
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 205-6024
Email: jihoon.kim@sba.gov