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13 CFR § 108.885 - Disposition of assets to NMVC Company's Associates.

---
identifier: "/us/cfr/t13/s108.885"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 108.885 - Disposition of assets to NMVC Company's Associates."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "108.885"
section_name: "Disposition of assets to NMVC Company's Associates."
chapter_name: "SMALL BUSINESS ADMINISTRATION"
part_number: "108"
part_name: "NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM"
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. 689-689q."
regulatory_source: "66 FR 28609, May 23, 2001, unless otherwise noted."
cfr_part: "108"
---

# 108.885 Disposition of assets to NMVC Company's Associates.

Except with SBA's prior written approval, you are not permitted to dispose of assets (including assets acquired in liquidation) to any Associate. As a prerequisite to such approval, you must demonstrate that the proposed terms of disposal are at least as favorable to you as the terms obtainable elsewhere.