---
kind: "section"
citation: "13 C.F.R. § 120.1725"
title: "13"
number: "120.1725"
heading: "No Program Preference by Seller or Pool Originator."
url: "https://uscodex.org/cfr/13/120.1725"
---

# §120.1725. No Program Preference by Seller or Pool Originator.


The Seller and the Pool Originator must not establish a Program Preference, which is defined in [13 CFR 120.10](/cfr/13/120.10.md).


## Notes

### Source

Source: 74 FR 56093, Oct. 30, 2009, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.

### Source

Source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.