13 C.F.R. § 120.181

Current through October 31, 2024
Section 120.181 - Status of Lenders and CDCs

Lenders, CDCs and their contractors are independent contractors that are responsible for their own actions with respect to a 7(a) or 504 loan. SBA has no responsibility or liability for any claim by a borrower, guarantor or other party alleging injury as a result of any allegedly wrongful action taken by a Lender, CDC or an employee, agent, or contractor of a Lender or CDC.

13 C.F.R. §120.181

72 FR 18360 , Apr. 12, 2007