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Code · CFR · Title 13 — Business Credit and Assistance · Part 120 — Business Loans · § 120.222

§ 120.222. Prohibition on sharing premiums for secondary market sales.

59 words·~1 min read·/us/cfr/t13/s§ 120.222·

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The Lender or its Associates may not share any premium received from the sale of an SBA guaranteed loan in the secondary market with a Service Provider, packager, or other loan-referral source. \[82 FR 39503, Aug. 21, 2017, as amended at 85 FR 7648, Feb. 10, 2020; 85 FR 80588, Dec. 14, 2020; 87 FR 38908, June 30, 2022\]
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§ 120.222
Prohibition on sharing premiums for secondary market sales.
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