Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 13 - Business Credit and Assistance |
Chapter I - Small Business Administration |
Part 120 - Business Loans |
Subpart H - Development Company Loan Program (504) |
Debenture Sales and Service Agents |
§ 120.955 - Agent bonds and records.
Latest version.
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§ 120.955 Agent bonds and records.
(a) Each agent (in §§ 120.951 through 120.954) must provide a fidelity bond or insurance in such amount as necessary to fully protect the interest of the government.
(b) SBA must have access at the agent's place of business to all books, records and other documents relating to Debenture activities.