§120.435. Which loan pledges do not require notice to or consent by SBA? — Inbound Citations
13 C.F.R. § 120.435
Statutory Authority
Cited by 3 regulations in release Current.
Citations to 13 C.F.R. § 120.435 as a whole
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Sections 120.430 through 120.435 cover all other transactions in which a Lender sells, sells a participating interest in, or pledges an SBA guaranteed loan other than for the purpose of securitizing and other than conveyances covered under Subpart F, Secondary Market, of this part.
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(a) Except as set forth in § 120.435, SBA must give its prior written consent to all pledges of any portion of a 7(a) loan, which consent SBA may withhold in its sole discretion;
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