120.642 Requirements before the FTA issues Pool Certificates.§ 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;
(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.