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13 CFR § 108.20 - Legal basis and applicability of this part 108.

---
identifier: "/us/cfr/t13/s108.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 108.20 - Legal basis and applicability of this part 108."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "108.20"
section_name: "Legal basis and applicability of this part 108."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "108"
part_name: "NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM"
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. 689-689q."
regulatory_source: "66 FR 28609, May 23, 2001, unless otherwise noted."
cfr_part: "108"
---

# 108.20 Legal basis and applicability of this part 108.

The regulations in this part implement Part B of Title III of the Small Business Investment Act of 1958, as amended (15 U.S.C. 661 *et seq.*). All NMVC Companies must comply with all applicable SBA regulations, accounting guidelines and valuation guidelines for NMVC Companies, available from SBA.