§ 117.8. Responsibilities of SBA recipients.
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/us/cfr/t13/s§ 117.8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Each SBA recipient has the primary responsibility to ensure that its programs or activities are in compliance with the Act and these regulations, and shall take steps to eliminate violations of the Act. A recipient also has responsibility to maintain records, provide information, and to afford SBA access to its records to the extent SBA finds necessary to determine whether the recipient is in compliance with the Act and these regulations. (OMB No. 3245 0076)
(b)Where a recipient passes on Federal financial assistance from SBA to subrecipients, the recipient shall provide the subrecipients written notice of their obligations under the Act and these regulations.
(c)Each recipient shall make necessary information about the Act and these regulations available to the beneficiaries of its programs or activities in order to inform them about the protections against discrimination provided by the Act and these regulations.
(d)Whenever an assessment indicates a violation of the Act and the SBA regulations, the recipient shall take corrective action.