Title 13--Business Credit and Assistance
CHAPTER I--SMALL BUSINESS ADMINISTRATION
PART 107--SMALL BUSINESS INVESTMENT COMPANIES
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| 107.20 |
Legal basis and applicability of this part 107. |
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| 107.30 |
Amendments to Act and regulations. |
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| 107.40 |
How to read this part 107. |
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| 107.50 |
Definition of terms. |
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| 107.100 |
Organizing a Section 301(c) Licensee. |
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| 107.115 |
1940 Act and 1980 Act Companies. |
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| 107.120 |
Special rules for a Section 301(d) Licensee owned by another Licensee. |
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| 107.130 |
Requirement for qualified management. |
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| 107.140 |
SBA approval of initial Management Expenses. |
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| 107.150 |
Management-ownership diversity requirement. |
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| 107.160 |
Special rules for Licensees formed as limited partnerships. |
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| 107.200 |
Adequate capital for Licensees. |
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| 107.210 |
Minimum capital requirements for Licensees. |
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| 107.230 |
Permitted sources of Private Capital for Licensees. |
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| 107.240 |
Limitations on including non-cash capital contributions in Private Capital. |
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| 107.250 |
Exclusion of stock options issued by Licensee from Management Expenses. |
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| 107.300 |
License application form and fee. |
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| 107.400 |
Changes in ownership of 10 percent or more of Licensee but no change of Control. |
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| 107.410 |
Changes in Control of Licensee (through change in ownership or otherwise). |
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| 107.420 |
Prohibition on exercise of ownership or Control rights in Licensee before SBA approval. |
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| 107.430 |
Notification to SBA of transactions that may change ownership or Control. |
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| 107.440 |
Standards governing prior SBA approval for a proposed transfer of Control. |
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| 107.450 |
Notification to SBA of pledge of Licensee's shares. |
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| 107.460 |
Restrictions on Common Control or ownership of two (or more) Licensees. |
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| 107.470 |
SBA approval of merger, consolidation, or reorganization of Licensee. |
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| 107.475 |
Transfer of license. |
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| 107.500 |
Lawful operations under the Act. |
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| 107.501 |
Identification as a Licensee. |
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| 107.502 |
Representations to the public. |
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| 107.503 |
Licensee's adoption of an approved valuation policy. |
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| 107.504 |
Equipment and office requirements. |
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| 107.505 |
Facsimile requirement. |
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| 107.506 |
Safeguarding Licensee's assets/Internal controls. |
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| 107.507 |
Violations based on false filings and nonperformance of agreements with SBA. |
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| 107.509 |
Employment of SBA officials. |
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| 107.510 |
SBA approval of Licensee's Investment Adviser/Manager. |
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| 107.520 |
Management Expenses of a Licensee. |
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| 107.530 |
Restrictions on investments of idle funds by leveraged Licensees. |
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| 107.550 |
Prior approval of secured third-party debt of leveraged Licensees. |
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| 107.560 |
Subordination of SBA's creditor position. |
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| 107.570 |
Restrictions on third-party debt of issuers of Participating Securities. |
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| 107.585 |
Voluntary decrease in Licensee's Regulatory Capital. |
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| 107.590 |
Licensee's requirement to maintain active operations. |
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| 107.600 |
General requirement for Licensee to maintain and preserve records. |
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| 107.610 |
Required certifications for Loans and Investments. |
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| 107.620 |
Requirements to obtain information from Portfolio Concerns. |
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| 107.630 |
Requirement for Licensees to file financial statements with SBA (Form 468). |
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| 107.640 |
Requirement to file Portfolio Financing Reports (SBA Form 1031). |
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| 107.650 |
Requirement to report portfolio valuations to SBA. |
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| 107.660 |
Other items required to be filed by Licensee with SBA. |
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| 107.670 |
Application for exemption from civil penalty for late filing of reports. |
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| 107.680 |
Reporting changes in Licensee not subject to prior SBA approval. |
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| 107.690 |
Examinations. |
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| 107.691 |
Responsibilities of Licensee during examination. |
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| 107.692 |
Examination fees. |
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| 107.700 |
Compliance with size standards in part 121 of this chapter as a condition of Assistance. |
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| 107.710 |
Requirement to finance smaller enterprises. |
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| 107.720 |
Small Businesses that may be ineligible for financing. |
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| 107.730 |
Financings which constitute conflicts of interest. |
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| 107.740 |
Portfolio diversification (``overline'' limitation). |
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| 107.750 |
Conditions for financing a change of ownership of a Small Business. |
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| 107.760 |
How a change in size or activity of a Portfolio Concern affects the Licensee and the Portfolio Concern. |
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| 107.800 |
Financings in the form of Equity Securities. |
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| 107.810 |
Financings in the form of Loans. |
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| 107.815 |
Financings in the form of Debt Securities.
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| 107.820 |
Financings in the form of guarantees. |
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| 107.825 |
Purchasing securities from an underwriter or other third party. |
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| 107.830 |
Minimum duration/term of financing. |
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| 107.835 |
Exceptions to minimum duration/term of Financing. |
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| 107.840 |
Maximum term of Financing. |
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| 107.845 |
Maximum rate of amortization on Loans and Debt Securities. |
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| 107.850 |
Restrictions on redemption of Equity Securities. |
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| 107.855 |
Interest rate ceiling and limitations on fees charged to Small Businesses (``Cost of Money'').
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| 107.860 |
Financing fees and expense reimbursements a Licensee may receive from a Small Business. |
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| 107.865 |
Control of a Small Business by a Licensee.
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| 107.880 |
Assets acquired in liquidation of Portfolio securities. |
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| 107.885 |
Disposition of assets to Licensee's Associates or to competitors of Portfolio Concern.
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| 107.900 |
Management fees for services provided to a Small Business by Licensee or its Associate. |
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| 107.1000 |
Licensees without Leverage--exceptions to the regulations. |
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| 107.1100 |
Types of Leverage and application procedures. |
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| 107.1120 |
General eligibility requirements for Leverage. |
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| 107.1130 |
Leverage fees and additional charges payable by Licensee. |
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| 107.1140 |
Licensee's acceptance of SBA remedies under 107.1800 through 107.1820. |
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| 107.1150 |
Maximum amount of Leverage for a Section 301(c) Licensee. |
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| 107.1160 |
Maximum amount of Leverage for a Section 301(d) Licensee. |
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| 107.1170 |
Maximum amount of Participating Securities for any Licensee. |
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| 107.1200 |
SBA's Leverage commitment to a Licensee--application procedure, amount, and term. |
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| 107.1210 |
Payment of leverage fee upon receipt of commitment. |
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| 107.1220 |
Requirement for Licensee to file quarterly financial statements. |
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| 107.1230 |
Draw-downs by Licensee under SBA's Leverage commitment. |
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| 107.1240 |
Funding of Licensee's draw request through sale to short-term investor. |
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| 107.1400 |
Dividends or partnership distributions on 4 percent Preferred Securities. |
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| 107.1410 |
Requirement to redeem 4 percent Preferred Securities. |
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| 107.1420 |
Articles requirements for 4 percent Preferred Securities. |
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| 107.1430 |
Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures. |
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| 107.1440 |
Three percent preferred stock issued before November 21, 1989. |
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| 107.1450 |
Optional redemption of Preferred Securities. |
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| 107.1500 |
General description of Participating Securities. |
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| 107.1505 |
Liquidity requirements for Licensees issuing Participating Securities. |
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| 107.1510 |
How a Licensee computes Earmarked Profit (Loss). |
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| 107.1520 |
How a Licensee computes and allocates Prioritized Payments to SBA. |
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| 107.1530 |
How a Licensee computes SBA's Profit Participation. |
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| 107.1540 |
Distributions by Licensee--Prioritized Payments and Adjustments. |
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| 107.1550 |
Distributions by Licensee--permitted ``tax Distributions'' to private investors and SBA. |
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| 107.1560 |
Distributions by Licensee--required Distributions to private investors and SBA. |
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| 107.1570 |
Distributions by Licensee--optional Distribution to private investors and SBA. |
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| 107.1575 |
Distributions on other than Payment Dates. |
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| 107.1580 |
Special rules for In-Kind Distributions by Licensees. |
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| 107.1585 |
Exchange of Debentures for Participating Securities. |
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| 107.1590 |
Special rules for companies licensed on or before March 31, 1993. |
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| 107.1600 |
SBA authority to issue and guarantee Trust Certificates. |
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| 107.1610 |
Effect of prepayment or early redemption of Leverage on a Trust Certificate. |
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| 107.1620 |
Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent. |
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| 107.1630 |
SBA regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates. |
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| 107.1640 |
SBA access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers. |
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| 107.1700 |
Transfer by SBA of its interest in Licensee's Leverage security. |
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| 107.1710 |
SBA authority to collect or compromise its claims. |
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| 107.1720 |
Characteristics of SBA's guarantee. |
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| 107.1800 |
Licensee's agreement to terms and conditions in 107.1810 and 107.1820. |
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| 107.1810 |
Events of default and SBA's remedies for Licensee's noncompliance with terms of Debentures. |
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| 107.1820 |
Conditions affecting issuers of Preferred Securities and/or Participating Securities. |
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| 107.1830 |
Licensee's Capital Impairment--definition and general requirements. |
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| 107.1840 |
Computation of Licensee's Capital Impairment Percentage. |
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| 107.1850 |
Exceptions to Capital Impairment provisions for Licensees with outstanding Participating Securities. |
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| 107.1900 |
Surrender of license. |
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| 107.1910 |
Non-waiver of SBA's rights or terms of Leverage security. |
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| 107.1920 |
Licensee's application for exemption from a regulation in this part 107. |
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| 107.1930 |
Effect of changes in this part 107 on transactions previously consummated. |