§107.507. Violations based on false filings and nonperformance of agreements with SBA.
13 C.F.R. § 107.507
The following shall constitute a violation of this part:
Nonperformance. Nonperformance of any of the requirements of any Debenture or Participating Security or of any written agreement with SBA.
False statement. In any document submitted to SBA:
Any false statement knowingly made; or
Any misrepresentation of a material fact; or
Any failure to state a material fact. A material fact is any fact which is necessary to make a statement not misleading in light of the circumstances under which the statement was made.
Notes, amendments, and revision history
Amendments
[61 FR 3189, Jan. 31, 1996, as amended at 91 FR 8, Jan. 2, 2026]
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 91 FR 8, Jan. 2, 2026]