federal_register: 2019-07318

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2019-07318 Streamlining and Modernizing Certified Development Company Program (504 Loan Program) Corporate Governance Requirements Proposed Rule This rule proposes to streamline and update the operational and organizational requirements for Certified Development Companies (CDCs) in order to improve efficiencies and reduce costs without unduly increasing risk in the 504 Loan Program. The proposed changes include streamlining the requirements that would apply to the corporate governance of CDCs, and updating the requirements that would apply to professional services contracts entered into by CDCs, the requirements related to the audit and review of a CDC's financial statements, and the requirements related to the balance that a PCLP CDC must maintain in its Loan Loss Reserve Fund. 2019-04-15 2019 4 https://www.federalregister.gov/documents/2019/04/15/2019-07318/streamlining-and-modernizing-certified-development-company-program-504-loan-program-corporate https://www.govinfo.gov/content/pkg/FR-2019-04-15/pdf/2019-07318.pdf Small Business Administration 468 This rule proposes to streamline and update the operational and organizational requirements for Certified Development Companies (CDCs) in order to improve efficiencies and reduce costs without unduly increasing risk in the 504 Loan Program. The...  

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