---
kind: "section"
citation: "13 C.F.R. § 108.460"
title: "13"
number: "108.460"
heading: "Restrictions on Common Control or ownership of two (or more) NMVC Companies."
url: "https://uscodex.org/cfr/13/108.460"
---

# §108.460. Restrictions on Common Control or ownership of two (or more) NMVC Companies.


Without SBA's prior written approval, you must not have an officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) who is also:

- (a) An officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) of another NMVC Company; or
- (b) An officer or director of any Person that directly or indirectly controls, or is controlled by, or is under Common Control with, another NMVC Company.

## Notes

### Authority

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

### Source

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