§107.530. Restrictions on investments of idle funds by leveraged Licensees. — Inbound Citations
13 C.F.R. § 107.530
Statutory Authority
Cited by 3 regulations in release Current.
Citations to 13 U.S.C. § 107.530 as a whole
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(2) The restrictions in § 107.530 on investments of idle funds, provided you do not engage in activities not contemplated by the Act.
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(2) Cash maintained in a separate bank account or separate investment account permitted under § 107.530 of this part and separately identified in your financial statements as “restricted cash” available only for the purpose of paying interest and Charges to SBA, or for the payment of any amounts due to SBA.
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(a) This § 107.530 applies if you have outstanding Leverage or if you have applied for Leverage.