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

Terms Used In CFR > Title 13 > Chapter I > Part 108 > Subpart G > Borrowing by NMVC Companies From Non-SBA Sources

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • you: as used in this part 108 means a NMVC Company unless otherwise noted. See 13 CFR 108.40