legal · go-v.org

Applicability to existing for-profit CDCs.

CFR · 2024-01-01 · US · Title 13

(a) Unless expressly provided otherwise in the regulations, any Loan Program Requirement that applies to non-profit CDCs also applies to for-profit CDCs. (b) No person or entity can own or control more than 25 percent of a for-profit CDC's stock.

official document · source cfr-2024 · id 13:§ 120.818