13 C.F.R. § 120.222

Current through November 30, 2024

Section 120.222 - Prohibition on sharing premiums for secondary market sales

The Lender or its Associates may not share any premium received from the sale of an SBA guaranteed loan in the secondary market with a Service Provider, packager, or other loan-referral source.

13 C.F.R. §120.222

82 FR 39503 , Aug. 21, 2017, as amended at 85 FR 7648 , Feb. 10, 2020; 85 FR 80588 , Dec. 14, 2020; 87 FR 38908 , June 30, 2022

82 FR 39503 , 9/20/2017; 85 FR 7648 , 3/11/2020; 85 FR 80588 , 3/27/2020; 87 FR 38908 , 8/1/2022