{"data":{"id":"us/13-cfr-120.952","jurisdiction":"us","citation":"13 CFR 120.952","heading":"Fiscal agent.","body":"SBA shall appoint a Fiscal Agent to assess the financial markets, minimize the cost of sales, arrange for the production of the Offering Circular, Debenture Certificates, and other required documents, and monitor the performance of the Trustee and the underwriters.","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":"fdf71646252cd3dc2dfd1c3f811f7b0cdd9274c2a80d7edeec2abcd6471cb40f","source_id":"us-cfr","stale":true,"prev":"us/13-cfr-120.951","next":"us/13-cfr-120.953"},"notice":"GroundRules: Original legal text. Not legal advice."}