Subpart G. Subpart G—Managing the Operations of a NMVC Company

• General Requirements

  • SECTION § 108.500 - Lawful operations under the Act.
  • SECTION § 108.502 - Representations to the public.
  • SECTION § 108.503 - NMVC Company's adoption of an approved valuation policy.
  • SECTION § 108.504 - Equipment and office requirements.
  • SECTION § 108.506 - Safeguarding the NMVC Company's assets/Internal controls.
  • SECTION § 108.507 - Violations based on false filings and nonperformance of agreements with SBA.
  • SECTION § 108.509 - Employment of SBA officials.

• Management and Compensation

  • SECTION § 108.510 - SBA approval of NMVC Company's Investment Adviser/Manager.
  • SECTION § 108.520 - Management Expenses of a NMVC Company.

• Cash Management by a NMVC Company

  • SECTION § 108.530 - Restrictions on investments of idle funds by NMVC Companies.

• Borrowing by NMVC Companies From Non-SBA Sources

  • SECTION § 108.550 - Prior approval of secured third-party debt of NMVC companies.

• Voluntary Decrease in Regulatory Capital

  • SECTION § 108.585 - Voluntary decrease in NMVC Company's Regulatory Capital.