Code of Federal Regulations · Section

§ 26.27 — What Efforts Must Recipients Make Concerning Dbe Financial Institutions?

49 C.F.R. § 26.27

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You must thoroughly investigate the full extent of services offered by financial institutions owned and controlled by socially and economically disadvantaged individuals in your community and make reasonable efforts to use these institutions. You must also encourage prime contractors to use such institutions.

49 C.F.R. § 26.25 49 C.F.R. § 26.29

Authorizing Statute

Minority and disadvantaged business participation
49 U.S.C. § 47113
Participation by small business enterprises
23 U.S.C. § 304
Prohibition against exclusion from participation in, denial of benefits of, and discrimination under federally assisted programs on ground of race, color, or national origin
42 U.S.C. § 2000d
Definitions and declaration of policy
23 U.S.C. § 101