§ 108.1930. Effect of changes in this part 108 on transactions previously consummated.
60 words·~1 min read·
/us/cfr/t13/s§ 108.1930·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The legality of a transaction covered by the regulations in this part is governed by the regulations in this part in effect at the time the transaction was consummated, regardless of later changes. Nothing in this part bars SBA enforcement action with respect to any transaction consummated in violation of provisions applicable at the time, but no longer in effect.