GroundRules
13 CFR 120.554: Conflict of laws.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER I—SMALL BUSINESS ADMINISTRATION
- PART 120—BUSINESS LOANS
- Subpart E—Servicing, Liquidation and Debt Collection Litigation of 7(a) and 504 Loans
In the event of a conflict between the homestead provisions at §§ 120.550 through 120.553 of this part, and any state law relating to the right of a Borrower to designate for separate sale or to redeem part or all of the real property securing a loan foreclosed by the Lender, state law shall prevail.
Collected 2026-08-27T02:24:18Z. Source file · JSON