§ 120.420 Definitions
§ 120.421 Which Lenders may securitize?
§ 120.422 Are all securitizations subject to this subpart?
§ 120.423 Which 7(a) loans may a Lender securitize?
§ 120.424 What are the basic conditions a Lender must meet to securitize?
§ 120.425 What are the minimum elements that SBA will require before consenting to a securitization?
§ 120.426 What action will SBA take if a securitizer transfers the subordinated tranche prior to the termination of the holding period?
§ 120.427 Will SBA approve a securitization application from a capital impaired Securitizer?
§ 120.428 What happens to a securitizer’s other PLP responsibilities if SBA suspends its PLP approval privilege?

Terms Used In CFR > Title 13 > Chapter I > Part 120 > Subpart D > Participating Lender Financings

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • 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.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.