13 C.F.R. § 107.470 SBA approval of merger, consolidation, or reorganization of Licensee.
Title 13 - Business Credit and Assistance
(a) Prior approval requirements. You may not merge, consolidate, change form of organization (corporation or partnership) or reorganize without SBA's prior written approval. Any such merger or consolidation will be subject to §107.440. (b) Fee. A processing fee of $5,000 must accompany any application for approval of a change in your form of organization (from corporation to partnership or partnership to corporation).
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
Change in Structure of Licensee
§ 107.470 SBA approval of merger, consolidation, or reorganization of Licensee.
