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Code of Federal Regulations (Last Updated: October 10, 2024)

Title 13 - Business Credit and Assistance

Chapter I - Small Business Administration

Part 120 - Business Loans

Subpart D - Lenders

Participating Lender Financings

§ 120.428 - What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?

Latest version.

§ 120.428 What happens to a securitizer's other PLP responsibilities if SBA suspends its PLP approval privilege?

The securitizer must continue to service and liquidate loans according to its PLP Supplemental Agreement.

                    
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