{"data":{"id":"us/13-cfr-120.818","jurisdiction":"us","citation":"13 CFR 120.818","heading":"Applicability to existing for-profit CDCs.","body":"(a) Unless expressly provided otherwise in the regulations, any Loan Program Requirement that applies to non-profit CDCs also applies to for-profit CDCs.\n(b) No person or entity can own or control more than 25 percent of a for-profit CDC's stock.","path":["Title 13—Business Credit and Assistance","CHAPTER I—SMALL BUSINESS ADMINISTRATION","PART 120—BUSINESS LOANS","Subpart H—Development Company Loan Program (504)"],"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":"090545c66d1fe4b485b1d60cb75f16022999b792647ac82ba627d232cd3d8591","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.816","next":"us/13-cfr-120.820"},"notice":"GroundRules: Original legal text. Not legal advice."}