13 C.F.R. § 107.410   Changes in Control of Licensee (through change in ownership or otherwise).


Title 13 - Business Credit and Assistance


Title 13: Business Credit and Assistance
PART 107—SMALL BUSINESS INVESTMENT COMPANIES
Subpart D—Changes in Ownership, Control, or Structure of Licensee; Transfer of License
Changes in Control or Ownership of Licensee

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§ 107.410   Changes in Control of Licensee (through change in ownership or otherwise).

(a) Prior approval requirements. You must obtain SBA's prior written approval for any proposed transaction or event that results in Control by any Person(s) not previously approved by SBA.

(b) Fee. A processing fee of $10,000 must accompany any application for approval of one or more transactions or events that will result in a transfer of Control.

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