[Federal Register Volume 68, Number 164 (Monday, August 25, 2003)]
[Notices]
[Page 51048]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-21671]


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SMALL BUSINESS ADMINISTRATION


Delegation of Authority as to Denial of Liability on 7(a) Loans

    The Administrator of the U.S. Small Business Administration (SBA), 
Hector V. Barreto, pursuant to the authority vested in him by the Small 
Business Act, 72 Stat. 384, as amended, hereby delegates to the 
Associate Deputy Administrator for Capital Access (ADA/CA), or to 
anyone Acting in the position of ADA/CA, the following authorities:
    1. To make the final Agency decision to deny SBA's liability under 
its guaranty of a 7(a) loan.
    2. To approve the initiation of a lawsuit against a participant 
lender for recovery of proceeds received by that lender in connection 
with SBA's guaranty of a 7(a) loan.
    Neither the ADA/CA, nor anyone Acting in the position of ADA/CA, is 
authorized to further delegate these authorities.

    Dated: August 4, 2003.
Hector V. Barreto,
Administrator.
[FR Doc. 03-21671 Filed 8-22-03; 8:45 am]
BILLING CODE 8025-01-P