§ 147.300 - What must I do to comply with this part if I am an individual recipient?

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

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

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:

In writing.

Within 10 calendar days of the conviction.

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.