§ 120.460 What are SBA’s additional requirements for SBA Supervised Lenders?
§ 120.461 What are SBA’s additional requirements for SBA Supervised Lenders concerning records?
§ 120.462 What are SBA’s additional requirements on capital maintenance for SBA Supervised Lenders?
§ 120.463 Regulatory accounting–What are SBA’s regulatory accounting requirements for SBA Supervised Lenders?
§ 120.464 Reports to SBA
§ 120.465 Civil penalty for late submission of required reports
§ 120.466 SBA Supervised Lender application
§ 120.467 Evaluation of SBA Supervised Lender applicants
§ 120.468 Change of ownership or control requirements for SBA Supervised Lenders

Terms Used In CFR > Title 13 > Chapter I > Part 120 > Subpart D > SBA Supervised Lenders

  • 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.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.