{"data":{"id":"us/13-cfr-108.1240","jurisdiction":"us","citation":"13 CFR 108.1240","heading":"Funding of NMVC Company's draw request through sale to third-party.","body":"(a) NMVC Company's authorization of SBA to arrange sale of securities to third-party. By submitting a request for a draw of Debenture Leverage, you authorize SBA, or any agent or trustee SBA designates, to enter into any agreements (and to bind you to such agreements) necessary to accomplish:\n(1) The sale of your Debenture to a third-party at a rate approved by SBA; and\n(2) The purchase of your security from the third-party and the pooling of your security with other securities with the same maturity date.\n(b) Sale of Debentures to a third-party. If SBA arranges for the sale of your Debenture to a third-party, the sale price may be an amount discounted from the face amount of the Debenture.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 108—NEW MARKETS VENTURE CAPITAL (“NMVC”) PROGRAM","Subpart J—SBA Financial Assistance for NMVC Companies (Leverage)"],"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":"352bc201d1ad4dffe9ec0d846f599cbe056f3a39802a3498c2203926c9df29f2","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-108.1230","next":"us/13-cfr-108.1600"},"notice":"GroundRules: Original legal text. Not legal advice."}