CDC Bylaws Crosswalk and FAQ on Eliminating Membership
… must possess commercial lending experience satisfactory to SBA. A CDC must have at least one voting Director that … that such approval is in the best interest of the 504 Loan Program 13 CFR § 120.820(e). 6. §120.823(c)(5) should be … format permitted by state law. 10. When the Board votes on SBA loan approval or servicing actions, at least one Board …