---
kind: "section"
citation: "13 C.F.R. § 108.1220"
title: "13"
number: "108.1220"
heading: "Requirement for NMVC Company to file financial statements at the time of request for a draw."
url: "https://uscodex.org/cfr/13/108.1220"
---

# §108.1220. Requirement for NMVC Company to file financial statements at the time of request for a draw.

- (a) If you submit a request for a draw against SBA's Leverage commitment more than 90 days since your submission of an annual Form 468 or a Form 468 (Short Form), you must:
  - (1) Give SBA a financial statement on Form 468 (Short Form); and
  - (2) File a statement of no material adverse change in your financial condition since your last filing of Form 468.
- (b) You will not be eligible for a draw if you are not in compliance with this section.

## Notes

### Authority

Authority: 15 U.S.C. 689-689q.

### Source

Source: 66 FR 28609, May 23, 2001, unless otherwise noted.