13 CFR § 107.506 - Safeguarding Licensee's assets/Internal controls.

---
identifier: "/us/cfr/t13/s107.506"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 107.506 - Safeguarding Licensee's assets/Internal controls."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "107.506"
section_name: "Safeguarding Licensee's assets/Internal controls."
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"
---


# 107.506 Safeguarding Licensee's assets/Internal controls.

You must adopt a plan to safeguard your assets and monitor the reliability of your financial data, personnel, Portfolio, funds and equipment. You must provide your bank and custodian with a certified copy of your resolution or other formal document describing your control procedures.