13 C.F.R. § 107.585 Voluntary decrease in Licensee's Regulatory Capital.
Title 13 - Business Credit and Assistance
You must obtain SBA's prior written approval to reduce your Regulatory Capital by more than two percent in any fiscal year, unless otherwise permitted under §§107.1560 and 107.1570. At all times, you must retain sufficient Regulatory Capital to meet the minimum capital requirements in the Act and §107.210, and sufficient Leverageable Capital to avoid having excess Leverage in violation of section 303 of the Act and §§107.1150 through 107.1170.
Title 13: Business Credit and Assistance
PART 107—SMALL BUSINESS INVESTMENT COMPANIES
Subpart E—Managing the Operations of a Licensee
Voluntary Decrease in Licensee's Regulatory Capital
§ 107.585 Voluntary decrease in Licensee's Regulatory Capital.
