---
kind: "section"
citation: "13 C.F.R. § 107.1540"
title: "13"
number: "107.1540"
heading: "Distributions by Licensee—Prioritized Payments and Adjustments."
url: "https://uscodex.org/cfr/13/107.1540"
---

# §107.1540. Distributions by Licensee—Prioritized Payments and Adjustments.


After you compute Prioritized Payments and Adjustments under [§ 107.1520](/cfr/13/107.1520.md), you must distribute them in accordance with this § 107.1540. You must notify SBA of any planned distribution under this [section 10](/cfr/13/10.md) business days before the distribution date, unless SBA permits otherwise.


## Notes

### Amendments

[61 FR 3189, Jan. 31, 1996, as amended at 63 FR 5871, Feb. 5, 1998; 88 FR 46012, July 18, 2023]

### Authority

Authority: 15 U.S.C. 662, 681-687, 687b-h, 687k-m.

### Source

Source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.

### Amendments

[61 FR 3189, Jan. 31, 1996, as amended at 63 FR 5871, Feb. 5, 1998; 88 FR 46012, July 18, 2023]