13 C.F.R. § 108.885   Disposition of assets to NMVC Company's Associates.


Title 13 - Business Credit and Assistance


Title 13: Business Credit and Assistance
PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM
Subpart I—Financing of Small Businesses by NMVC Companies
Limitations on Disposition of Assets


§ 108.885   Disposition of assets to NMVC Company's Associates.

Except with SBA's prior written approval, you are not permitted to dispose of assets (including assets acquired in liquidation) to any Associate. As a prerequisite to such approval, you must demonstrate that the proposed terms of disposal are at least as favorable to you as the terms obtainable elsewhere.
























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