![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 13 - Business Credit and Assistance |
![]() |
Chapter I - Small Business Administration |
![]() |
Part 107 - Small Business Investment Companies |
![]() |
Subpart D - Changes in Ownership, Control, or Structure of Licensee; Transfer of License |
![]() |
Change in Structure of Licensee |
§ 107.470 - SBA approval of merger, consolidation, or reorganization of Licensee.
Latest version.
-
§ 107.470 SBA approval of merger, consolidation, or reorganization of Licensee.
(a) Prior approval requirements. You may not merge, consolidate, change form of organization (corporation or partnership) or reorganize without SBA's prior written approval. Any such merger or consolidation will be subject to § 107.440.
(b) Fee. A processing fee of $5,000 must accompany any application for approval of a change in your form of organization (from corporation to partnership or partnership to corporation).