CFR > Title 13 > Chapter I > Part 107 > Subpart F > Examinations of Licensees by SBA for Regulatory Compliance
Current as of: 2024 | Check for updates
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Other versions
§ 107.690 | Examinations |
§ 107.691 | Responsibilities of Licensee during examination |
§ 107.692 | Examination fees |
Terms Used In CFR > Title 13 > Chapter I > Part 107 > Subpart F > Examinations of Licensees by SBA for Regulatory Compliance
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Dependent: A person dependent for support upon another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- you: as used in this part 107 means a Licensee or license applicant, as appropriate, unless otherwise noted. See 13 CFR 107.40