Violations based on false filings and nonperformance of agreements with SBA.

CFR · 2024-01-01 · US · Title 13

The following shall constitute a violation of this part: (a) (b) (1) Any false statement knowingly made; or (2) Any misrepresentation of a material fact; or (3) Any failure to state a material fact. A material fact is any fact which is necessary to make a statement not misleading in light of the circumstances under which the statement was made.

official document · source cfr-2024 · id 13:§ 107.507