13 CFR § 107.1700 - Transfer by SBA of its interest in Licensee's Leverage security.
---
identifier: "/us/cfr/t13/s107.1700"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 107.1700 - Transfer by SBA of its interest in Licensee's Leverage security."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "107.1700"
section_name: "Transfer by SBA of its interest in Licensee's Leverage security."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "107"
part_name: "SMALL BUSINESS INVESTMENT COMPANIES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
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"
---
# 107.1700 Transfer by SBA of its interest in Licensee's Leverage security.
Transfer by SBA of its interest in Licensee's Leverage security.
Upon such conditions and for such consideration as it deems reasonable, SBA may sell, assign, transfer, or otherwise dispose of any Debenture, Participating Security, or other security held by or on behalf of SBA in connection with Leverage.
Upon notice by SBA, Licensee will make all payments of principal, dividends, interest, Prioritized Payments, and redemptions as shall be directed by SBA. Licensee will be liable for all damage or loss which SBA may sustain by reason of such disposal, up to the amount of Licensee's liability under such security, plus court costs and reasonable attorney's fees incurred by SBA.
[61 FR 3189, Jan. 31, 1996, as amended at 91 FR 9, Jan. 2, 2026]