legal · go-v.org

Seller's Pool Loan liquidation.

CFR · 2024-01-01 · US · Title 13

Subject to § 120.1718 of this subpart J, the Seller must liquidate and conduct debt collection litigation for Seller's Pool Loan in a prompt, cost-effective and commercially reasonable manner, consistent with prudent lending standards, in accordance with applicable Program Rules and Regulations, and with SBA approval of a liquidation plan and any litigation plan, and any amendment of either such a plan, if applicable.

official document · source cfr-2024 · id 13:§ 120.1715