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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 13 - Business Credit and Assistance |
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Chapter III - Economic Development Administration, Department of Commerce |
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Part 307 - Economic Adjustment Assistance Investments |
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Subpart B - Revolving Loan Fund Program |
§ 307.22 - Variances.
Latest version.
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§ 307.22 Variances.
EDA may approve variances to the requirements contained in this subpart, provided such variances:
(a) Are consistent with the goals of the Economic Adjustment Assistance program and with an RLF Plan;
(b) Are necessary and reasonable for the effective implementation of the RLF;
(c) Are economically and financially sound; and
(d) Do not conflict with any applicable legal requirements, including Federal, State and local law.