# 13 CFR § 107.1900: Surrender of license

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1900

## Section

- **Citation:** 13 CFR § 107.1900
- **Heading:** Surrender of license
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 13—Business Credit and Assistance > CHAPTER I—SMALL BUSINESS ADMINISTRATION > PART 107—SMALL BUSINESS INVESTMENT COMPANIES > Subpart K—Ending Operations as a Licensee

## Text

You may not surrender your license without SBA's prior written approval. Your request for approval must be accompanied by an offer of immediate repayment of all of your outstanding Leverage (including any prepayment penalties thereon), or by a plan satisfactory to SBA for the orderly liquidation of the Licensee.

## Nearby sections

- [13 CFR § 107.20 § 107.20 Legal basis and applicability of this part 107.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.20.md)
- [13 CFR § 107.25 § 107.25 Severability.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.25.md)
- [13 CFR § 107.30 § 107.30 Amendments to Act and regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.30.md)
- [13 CFR § 107.40 § 107.40 How to read this part 107.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.40.md)
- [13 CFR § 107.50 § 107.50 Definition of terms.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.50.md)
- [13 CFR § 107.1000 § 107.1000 Non-leveraged Licensees—exceptions to this part.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1000.md)
- [13 CFR § 107.1800 § 107.1800 Licensee's agreement to terms and conditions in §§ 107.1810 and 107.1820.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1800.md)
- [13 CFR § 107.1810 § 107.1810 Events of default and SBA's remedies for Licensee's noncompliance with terms of Debentures.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1810.md)
- [13 CFR § 107.1820 § 107.1820 Conditions affecting issuers of Preferred Securities and/or Participating Securities.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1820.md)
- [13 CFR § 107.1900 § 107.1900 Surrender of license.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1900.md)
- [13 CFR § 107.1910 § 107.1910 Non-waiver of SBA's rights or terms of Leverage security.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1910.md)
- [13 CFR § 107.1920 § 107.1920 Licensee's application for exemption from a regulation in this part 107.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1920.md)
- [13 CFR § 107.1930 § 107.1930 Effect of changes in this part 107 on transactions previously consummated.](https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1930.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-13-107.1900. Check the current official text before relying on it. Not legal advice.
