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American Recovery and Reinvestment Act: Loan Program for Systemically Important SBA Secondary Market Broker-Dealers

SBA · final-rule · Published 2009-11-19 · Effective 2009-11-19 · 74 FR 59891

Document

Document number
E9-27743
Federal Register citation
74 FR 59891
CFR reference
13 CFR 120
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US Small Business Administration
Publication date
2009-11-19
Effective date
2009-11-19

Abstract

This interim final rule implements certain provisions of the American Recovery and Reinvestment Act of 2009 ("Recovery Act"). This interim final rule implements Section 509 of the Recovery Act which establishes the Secondary Market Lending Authority within SBA to make loans to systemically important SBA Secondary Market broker-dealers to finance the purchase of the government guaranteed portion of loans originated, underwritten and closed under the Small Business Act and the purchase of pools of guaranteed portions of such loans.

Source

Authoritative
Federal Register document
Machine
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