Subpart E. Subpart E—Managing the Operations of a Licensee

• General Requirements

  • SECTION § 107.500 - Lawful operations under the Act.
  • SECTION § 107.501 - Identification.
  • SECTION § 107.502 - Representations to the public.
  • SECTION § 107.503 - Licensee's adoption of an approved valuation policy.
  • SECTION § 107.504 - Equipment and office requirements.
  • SECTION § 107.506 - Safeguarding Licensee's assets/Internal controls.
  • SECTION § 107.507 - Violations based on false filings and nonperformance of agreements with SBA.
  • SECTION § 107.509 - Employment of SBA officials.

• Management and Compensation

  • SECTION § 107.510 - SBA approval of Licensee's Investment Adviser/Manager.
  • SECTION § 107.520 - Management Expenses of a Licensee.

• Cash Management by a Licensee

  • SECTION § 107.530 - Restrictions on investments of idle funds by leveraged Licensees.

• Borrowing by Licensees From Non-SBA Sources

  • SECTION § 107.550 - Prior approval of secured third-party debt of Leveraged Licensees.
  • SECTION § 107.560 - Subordination of SBA's creditor position.
  • SECTION § 107.565 - Restrictions on third-party debt of Early Stage SBICs.
  • SECTION § 107.570 - [Reserved]

• Distributions and Reductions in Regulatory Capital

  • SECTION § 107.585 - Distributions and reductions in Regulatory Capital.

• Requirement To Conduct Active Investment Operations

  • SECTION § 107.590 - Licensee's requirement to maintain active operations.