TITLE 13 - BUSINESS CREDIT AND ASSISTANCE

CHAPTER I - SMALL BUSINESS ADMINISTRATION

PART 120 - BUSINESS LOANS

subpart d - LENDERS

120.435 - Which loan pledges do not require notice to or consent by SBA?

Notwithstanding the provisions of 120.434(d), 7(a) loans may be pledged for the following purposes without notice to or consent by SBA: (a) Treasury tax and loan accounts; (b) The deposit of public funds; (c) Uninvested trust funds; (d) Discount borrowings at a Federal Reserve Bank; or (e) Advances by a Federal Home Loan Bank.

Certified Lenders Program (CLP)