Voluntary transfer and surrender of CDC certification.

CFR · 2024-01-01 · US · Title 13

A CDC may not transfer its certification or withdraw from the 504 program without SBA's consent. The CDC must provide a plan to SBA to transfer its portfolio. The portfolio may only be transferred with SBA's written consent. If a CDC desires to withdraw from the 504 program, it must forfeit its portfolio to SBA. SBA may conduct an audit of the transferring or withdrawing CDC.

official document · source cfr-2024 · id 13:§ 120.857