§ 107.565. Restrictions on third-party debt of Early Stage SBICs.
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/us/cfr/t13/s§ 107.565·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If you are an Early Stage SBIC and you have outstanding Leverage or a Leverage commitment, you must get SBA's prior written approval to have, incur, or refinance any third-party debt other than accounts payable from routine business operations. \[77 FR 25052, Apr. 27, 2012\]