Regulations last checked for updates: May 03, 2025

Title 13 - Business Credit and Assistance last revised: Feb 18, 2025
§ 107.506 - Safeguarding Licensee's assets/Internal controls.

You must adopt a plan to safeguard your assets and monitor the reliability of your financial data, personnel, Portfolio, funds and equipment. You must provide your bank and custodian with a certified copy of your resolution or other formal document describing your control procedures.

authority: 15 U.S.C. 662,681,687b,687k
source: 61 FR 3189, Jan. 31, 1996, unless otherwise noted.
cite as: 13 CFR 107.506