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§ 107.1410 - Requirement to redeem 4 percent Preferred Securities.

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You must redeem 4 percent Preferred Securities not later than 15 years from the date of issuance. At the redemption date, you must pay to SBA:

The par value (of preferred stock) or face value (of a preferred limited partnership interest); plus

Any unpaid dividends or partnership distributions accrued to the redemption date.

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§ 107.1400 - Dividends or partnership distributions on 4 percent Preferred Securities.
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§ 107.1420 - Articles requirements for 4 percent Preferred Securities.