Code of Federal Regulations · Section

§ 120.818 — Applicability To Existing For-profit Cdcs

13 C.F.R. § 120.818

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(a) Unless expressly provided otherwise in the regulations, any Loan Program Requirement that applies to non-profit CDCs also applies to for-profit CDCs.

(b) No person or entity can own or control more than 25 percent of a for-profit CDC's stock.

13 C.F.R. § 120.816 13 C.F.R. § 120.820

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