United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2008_register executive 2010-09-23 article Part II Rules and Regulations D09002ee1c8079bf3 D09002ee1c8079cc8 United States Small Business Administration originator org United States Government Agency or Subagency This interim final rule incorporates SBA's risk-based lender oversight program into SBA regulations. Specifically, the rule codifies in SBA regulations SBA's process of risk-based oversight including: Accounting and reporting requirements; off-site reviews/monitoring; on- site reviews and examinations; and capital adequacy requirements. It also codifies SBA Supervised Lender regulation and updates SBA's business loan program regulations to specify program standards. Finally, the rule lists the types of, grounds for, and procedures governing SBA enforcement actions against 7(a) Lenders, Certified Development Companies, Microloan Intermediaries, and Non-Lending Technical Assistance Providers within consolidated enforcement regulations. SBA previously published a Notice of Proposed Rulemaking (NPRM) addressing all of the topics and issues covered by this interim final rule. SBA has already allowed for public comment, reviewed the comments and made changes accordingly. SBA is publishing this rule interim final rather than proceeding to a final rule, however, in order to provide the public with an additional opportunity to comment and to allow for any necessary adjustments as the industry moves through the economic cycle. 73 FR 75498 https://www.govinfo.gov/app/details/FR-2008-12-11/E8-29197 E8-29197 fr11de08-18 RIN 3245-AE14 8025-01-P https://www.govinfo.gov/app/details/FR-2008-12-11/E8-29197 https://www.govinfo.gov/content/pkg/FR-2008-12-11/html/E8-29197.htm https://www.govinfo.gov/content/pkg/FR-2008-12-11/pdf/E8-29197.pdf Loan Programs-Business Small Businesses 30 p. 75498 75527 73 FR 75498 Title 13 Part 120 13 CFR Part 120 RIN 3245-AE14 Lender Oversight Program; Federal Register Vol. 73, Issue RULE E8-29197 II SMALL BUSINESS ADMINISTRATION 2009-01-12 8025-01-P E8-29197 Interim Final Rule with request for comments.

This interim final rule incorporates SBA's risk-based lender oversight program into SBA regulations. Specifically, the rule codifies in SBA regulations SBA's process of risk-based oversight including: Accounting and reporting requirements; off-site reviews/monitoring; on- site reviews and examinations; and capital adequacy requirements. It also codifies SBA Supervised Lender regulation and updates SBA's business loan program regulations to specify program standards. Finally, the rule lists the types of, grounds for, and procedures governing SBA enforcement actions against 7(a) Lenders, Certified Development Companies, Microloan Intermediaries, and Non-Lending Technical Assistance Providers within consolidated enforcement regulations. SBA previously published a Notice of Proposed Rulemaking (NPRM) addressing all of the topics and issues covered by this interim final rule. SBA has already allowed for public comment, reviewed the comments and made changes accordingly. SBA is publishing this rule interim final rather than proceeding to a final rule, however, in order to provide the public with an additional opportunity to comment and to allow for any necessary adjustments as the industry moves through the economic cycle.

Effective Date: January 12, 2009. Linda Rusche, Supervisory Financial Analyst, at (816) 426.4860 or linda.rusche@sba.gov, or Bryan Hooper, Director, Office of Credit Risk Management, at (202) 205.3049 or bryan.hooper@sba.gov. Loan Programs-Business Small Businesses Lender Oversight Program, bryan.hooper@sba.gov linda.rusche@sba.gov http://www.regulations.gov Vol. 73, no. 239 Office of the Federal Register, National Archives and Records Administration 2008-12-11 continuing daily deposited born digital 240 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2008-12-11 P0b002ee1809b95f6 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr11de08 https://www.govinfo.gov/app/details/FR-2008-12-11 https://www.govinfo.gov/content/pkg/FR-2008-12-11/pdf/FR-2008-12-11.pdf https://www.govinfo.gov/content/pkg/FR-2008-12-11/xml/FR-2008-12-11.xml fdlp 75305 75534 DGPO 2010-09-23 2024-06-05 FR-2008-12-11 machine generated eng FR FR-2008-12-11 73 239