§ 108.460 - Restrictions on Common Control or ownership of two (or more) NMVC Companies.

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Without SBA's prior written approval, you must not have an officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) who is also:

An officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) of another NMVC Company; or

An officer or director of any Person that directly or indirectly controls, or is controlled by, or is under Common Control with, another NMVC Company.