U.S. Code of Federal Regulations
Regulations most recently checked for updates: Aug 28, 2025
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All TitlesTitle 13Chapter IPart 120Subpart J - Subpart J—Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools
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The Seller and the Pool Originator must not establish a Program Preference, which is defined in 13 CFR 120.10.
