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Code · CFR · Title 13 — Business Credit and Assistance · Part 107 — Small Business Investment Companies · § 107.665

§ 107.665. Civil penalties.

141 words·~1 min read·/us/cfr/t13/s§ 107.665·

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Except as provided in § 107.670, a Licensee that violates any regulation or written directive issued by SBA, requiring the filing of any regular or special report pursuant to this part, shall be fined a civil penalty of not more than \$332 for each day the Licensee fails to file such report. The civil penalties provided for in this section shall accrue to the United States and may be recovered in a civil action brought by the SBA. \[81 FR 31491, May 19, 2016, as amended at 82 FR 9969, Feb. 9, 2017; 83 FR 7363, Feb. 21, 2018; 84 FR 12061, Apr. 1, 2019; 85 FR 13727, Mar. 10, 2020; 86 FR 52957, Sept. 24, 2021; 87 FR 28758, May 11, 2022; 88 FR 50004, Aug. 1, 2023; 89 FR 48134, June 5, 2024; 90 FR 23424, June 3, 2025\]
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