US Codex
C.F.R.
Browse by date
Notes

§115.17. Minimization of Surety's Loss. — Inbound Citations

13 C.F.R. § 115.17

Cited by 1 regulation in release Current.

Citations to §115.17(b)

  • (b) A Prior Approval Surety must pursue all possible sources of salvage and recovery until SBA concurs with the Surety's recommendation for a discontinuance or for a settlement. The Surety must certify that continued pursuit of salvage and recovery would be neither economically feasible nor a viable strategy in maximizing recovery. See also § 115.17(b).