13 CFR § 107.1540 - Distributions by Licensee—Prioritized Payments and Adjustments.

---
identifier: "/us/cfr/t13/s107.1540"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 107.1540 - Distributions by Licensee—Prioritized Payments and Adjustments."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "107.1540"
section_name: "Distributions by Licensee—Prioritized Payments and Adjustments."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "107"
part_name: "SMALL BUSINESS INVESTMENT COMPANIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 662, 681-687, 687b-h, 687k-m."
regulatory_source: "61 FR 3189, Jan. 31, 1996, unless otherwise noted."
cfr_part: "107"
---


# 107.1540 Distributions by Licensee—Prioritized Payments and Adjustments.

After you compute Prioritized Payments and Adjustments under § 107.1520, you must distribute them in accordance with this § 107.1540. You must notify SBA of any planned distribution under this section 10 business days before the distribution date, unless SBA permits otherwise.

[61 FR 3189, Jan. 31, 1996, as amended at 63 FR 5871, Feb. 5, 1998; 88 FR 46012, July 18, 2023]