---
kind: "section"
citation: "13 C.F.R. § 121.703"
title: "13"
number: "121.703"
heading: "Are formal size determinations binding on parties?"
url: "https://uscodex.org/cfr/13/121.703"
---

# §121.703. Are formal size determinations binding on parties?


Size determinations by authorized SBA officials are formal actions based upon a specific funding agreement, and are binding upon the parties. Other SBA opinions provided to funding agreement officers or others, are only advisory, and are not binding or appealable.


## Notes

### Authority

Authority: 15 U.S.C. 632, 634(b)(6), 636(a)(36), 662, and 694a(9).

### Source

Source: 61 FR 3286, Jan. 31, 1996, unless otherwise noted.