§307.18. Addition of lending areas; consolidation and merger of RLFs. — Inbound Citations

(6) Transfer or merger of the RLF in accordance with § 307.18;

(2) An RLF Recipient must notify EDA of any change(s) to its Plan. Any material modification, such as a merger, consolidation, or change in the EDA-approved lending area under § 307.18, a change in critical management staff, or a change to the strategic purpose of the RLF, must be submitted to EDA for approval prior to any revision of the Plan. If EDA approves the modification, the RLF Recipient must submit an updated Plan to EDA in electronic format, unless EDA approves a paper submission.

(m) Making unauthorized use of RLF Cash Available for Lending in violation of § 307.18(c).