§ 120.435 - Which loan pledges do not require notice to or consent by SBA?

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Notwithstanding the provisions of § 120.434(e), 7(a) loans may be pledged for the following purposes without notice to or consent by SBA:

Treasury tax and loan accounts;

The deposit of public funds;

Uninvested trust funds;

Discount borrowings at a Federal Reserve Bank; or

Advances by a Federal Home Loan Bank.