{"data":{"id":"us/13-cfr-106.501","jurisdiction":"us","citation":"13 CFR 106.501","heading":"What minimum requirements are applicable to SBA's solicitation and/or acceptance of Gifts?","body":"While SBA may subject the solicitation and/or acceptance of Gifts to additional requirements through internal policy and procedure, the following requirements must apply to all Gift solicitations and/or acceptances under the authority of the Small Business Act sections cited in § 106.500:\n(a) SBA is required to use the Gift (whether cash or in-kind) in a manner consistent with the original purpose of the Gift;\n(b) There must be written documentation of each Gift solicitation and/or acceptance signed by an authorized SBA official;\n(c) Any Gift solicited and/or accepted must undergo a determination, prior to solicitation of the Gift or prior to acceptance of the Gift if unsolicited, of whether a conflict of interest exists between the Donor and SBA; and\n(d) All cash Gifts donated to SBA under the authority cited in § 106.500 must be deposited in an SBA trust account at the U.S. Department of the Treasury.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 106—COSPONSORSHIPS, FEE AND NON-FEE BASED SBA-SPONSORED ACTIVITIES AND GIFTS","Subpart E—Gifts"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-13.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:18Z","sha256":"e1f65ee981741415c935d04c5b02156693b6945994f29cb65cbe087b804d5c84","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-106.500","next":"us/13-cfr-106.502"},"notice":"GroundRules: Original legal text. Not legal advice."}