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§ 120.642 Requirements before the FTA issues Pool Certificates.

13 CFR 120.642

Citation13 CFR 120.642
CorpusDaily eCFR
Displayed edition2026-09-10
Last updated2026-09-10

§ 120.642 Requirements before the FTA issues Pool Certificates.

Before the FTA issues any Pool Certificate, the Pool Assembler must deliver to it the following documents:

(a) A properly completed Pool application form;

(b) Either:

(1) Individual Certificates evidencing the guaranteed portions comprising the Pool; or

(2) An executed SPGA and related documentation for the loans whose guaranteed portions are to be part of the Pool; and

(c) Any other documentation which SBA may require.