{"data":{"id":"us/13-cfr-120.1715","jurisdiction":"us","citation":"13 CFR 120.1715","heading":"Seller's Pool Loan liquidation.","body":"Subject to § 120.1718 of this subpart J, the Seller must liquidate and conduct debt collection litigation for Seller's Pool Loan in a prompt, cost-effective and commercially reasonable manner, consistent with prudent lending standards, in accordance with applicable Program Rules and Regulations, and with SBA approval of a liquidation plan and any litigation plan, and any amendment of either such a plan, if applicable.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart J—Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools"],"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":"0a9dc9f83249f107a550d3a6ebd2501901a73968cb40a92e753bc2c3294a5808","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.1714","next":"us/13-cfr-120.1716"},"notice":"GroundRules: Original legal text. Not legal advice."}