13 C.F.R. § 107.1170 Maximum amount of Participating Securities for any Licensee.
Title 13 - Business Credit and Assistance
The maximum amount of Participating Securities you may have outstanding at any time is 200 percent of your Leverageable Capital. If you are a Section 301(d) Licensee, the maximum combined amount of Participating Securities and Preferred Securities you may have outstanding at any time is 200 percent of your Leverageable Capital.
Title 13: Business Credit and Assistance
PART 107—SMALL BUSINESS INVESTMENT COMPANIES
Subpart I—SBA Financial Assistance for Licensees (Leverage)
Maximum Amount of Leverage for Which a Licensee Is Eligible
§ 107.1170 Maximum amount of Participating Securities for any Licensee.
