13 C.F.R. § 147.300

Current through November 30, 2024
Section 147.300 - What must I do to comply with this part if I am an individual recipient?

As a condition of receiving a(n) SBA award, if you are an individual recipient, you must agree that-

(a) You will not engage in the unlawful manufacture, distribution, dispensing, possession, or use of a controlled substance in conducting any activity related to the award; and
(b) If you are convicted of a criminal drug offense resulting from a violation occurring during the conduct of any award activity, you will report the conviction:
(1) In writing.
(2) Within 10 calendar days of the conviction.
(3) To the SBA awarding official or other designee for each award that you currently have, unless § 147.301 or the award document designates a central point for the receipt of the notices. When notice is made to a central point, it must include the identification number(s) of each affected award.

13 C.F.R. §147.300