{"data":{"id":"us/13-cfr-120.926","jurisdiction":"us","citation":"13 CFR 120.926","heading":"Referral fee.","body":"The CDC can receive a reasonable referral fee from the Third Party Lender if the CDC secured the Third Party Lender for the Borrower under a written contract between the CDC and the Third Party Lender. Both the CDC and the Third Party Lender are prohibited from charging this fee to the Borrower. If a CDC charges a referral fee, the CDC will be construed as a Referral Agent under part 103 of this chapter.","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":"66629bcf4a5a2579a7bd8220a8289916a79c92ac99843ee118024f80658ff895","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.925","next":"us/13-cfr-120.930"},"notice":"GroundRules: Original legal text. Not legal advice."}