§ 120.1726. Pool Certificates a Seller cannot purchase.
62 words·~1 min read·
/us/cfr/t13/s§ 120.1726·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Neither a Seller, nor any of its Program Associates or Affiliates, may purchase a Pool Certificate that is backed by a Loan Interest in a Pool Loan that the Seller, or any of its Program Associates or Affiliates, originated or owned, and, in the event such purchase occurs, SBA's guarantee shall not be in effect with respect to any such Pool Certificate.