13 CFR § 108.410 - Changes in Control of NMVC Company (through change in ownership or otherwise).

---
identifier: "/us/cfr/t13/s108.410"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 108.410 - Changes in Control of NMVC Company (through change in ownership or otherwise)."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "108.410"
section_name: "Changes in Control of NMVC Company (through change in ownership or otherwise)."
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"
---


# 108.410 Changes in Control of NMVC Company (through change in ownership or otherwise).

You must obtain SBA's prior written approval for any proposed transaction or event that results in Control by any Person(s) not previously approved by SBA.