80 FR 78967 - Debt Collection

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 80, Issue 243 (December 18, 2015)

Page Range		78967-78967
FR Document		2015-31745

Federal Register, Volume 80 Issue 243 (Friday, December 18, 2015)

[Federal Register Volume 80, Number 243 (Friday, December 18, 2015)]
[Rules and Regulations]
[Page 78967]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-31745]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 140


Debt Collection

CFR Correction

    In Title 13 of the Code of Federal Regulations, revised as of 
January 1, 2015, on page 665, in Sec.  140.11, in paragraph (i)(3)(ii), 
remove the term ``the SBA'' and add ``the Agency'' in its place.

[FR Doc. 2015-31745 Filed 12-17-15; 8:45 am]
 BILLING CODE 1505-01-D

Federal Register / Vol. 80, No. 243 / Friday, December 18, 2015 / Rules and Regulations 78967

five members of the Board 2 that without regard to the race, religion, SMALL BUSINESS ADMINISTRATION
unusual and exigent circumstances color, gender, national origin, age or
continue to exist and the program or disability of the vendor or any principal 13 CFR Part 120
facility continues to appropriately shareholder of the vendor, and, to the
provide liquidity to the financial Business Loans
extent possible and consistent with law,
system, and the approval of the shall involve a process designed to CFR Correction
Secretary of the Treasury. support equal opportunity and
(iii) The Board shall make the In Title 13 of the Code of Federal
diversity. Regulations, revised as of January 1,
disclosures required under paragraph
(d)(3) of this section to the public and (13) Short-term emergency credit 2015, on page 307, in § 120.802, in the
the relevant congressional committees secured solely by United States or definition of Priority CDC, remove the
no later than 7 days after renewing a agency obligations. In unusual and first instance of ‘‘504’’ and add ‘‘504’’
program or facility under this paragraph exigent circumstances and after before the word ‘‘program’’.
(d)(9). consultation with the Board, a Federal [FR Doc. 2015–31739 Filed 12–17–15; 8:45 am]
(iv) The Board may at any time Reserve Bank may extend credit under BILLING CODE 1505–01–D
terminate a program or facility section 13(13) of the Federal Reserve
established under this paragraph (d). To Act if the collateral used to secure such
ensure that the program or facility under credit consists solely of obligations of, SMALL BUSINESS ADMINISTRATION
this paragraph (d) is terminated in a or obligations fully guaranteed as to
timely and orderly fashion, the Board 13 CFR Part 136
principal and interest by, the United
will periodically review, no less States or an agency thereof. Prior to Enforcement of Nondiscrimination on
frequently than once every 6 months, extending credit under this paragraph the Basis of Handicap in Programs or
the existence of unusual and exigent (d)(13), the Federal Reserve Bank must Activities Conducted by the Small
circumstances, the extent of usage of the obtain evidence that credit is not Business Administration
program or facility, the extent to which available from other sources and failure
the continuing authorization of the to obtain such credit would adversely CFR Correction
program or facility facilitates restoring affect the economy. Credit extended ■ In Title 13 of the Code of Federal
or sustaining confidence in the
under this paragraph (d)(13) may not be Regulations, revised as of January 1,
identified financial markets, the ongoing
extended for a term exceeding 90 days, 2015, on pages 658 and 659, in
need for the liquidity support provided
must be extended at a rate above the § 136.170, remove ‘‘Director, OEEOC’’
by such program or facility, and such
highest rate in effect for advances to each time it appears in paragraphs (h)(1)
other factors as the Board may deem to
depository institutions as determined in and (j)(1) and (2) and add, in its place,
be appropriate. The Board will
accordance with section 14(d) of the ‘‘AA/EEOCCR’’.
terminate lending under a program or
facility promptly upon finding that Federal Reserve Act, and is subject to [FR Doc. 2015–31740 Filed 12–17–15; 8:45 am]
conditions no longer warrant the such limitations and conditions as BILLING CODE 1505–01–D

continuation of the program or facility provided by the Board.
or that continuation of the program or * * * * *
SMALL BUSINESS ADMINISTRATION
facility is no longer appropriate.
By order of the Board of Governors of the
(v) A program or facility that has been 13 CFR Part 140
Federal Reserve System, November 30, 2015.
terminated will cease extending new
credit and will collect existing loans Robert deV. Frierson,
Debt Collection
pursuant to the applicable terms and Secretary of the Board.
conditions. [FR Doc. 2015–30584 Filed 12–17–15; 8:45 am] CFR Correction
(10) Reporting requirements. The BILLING CODE P In Title 13 of the Code of Federal
Board will comply with the reporting Regulations, revised as of January 1,
requirements of 12 U.S.C. 248(s) and 12 2015, on page 665, in § 140.11, in
U.S.C. 343(3)(C) pursuant to their terms. paragraph (i)(3)(ii), remove the term
(11) No obligation to extend credit. SMALL BUSINESS ADMINISTRATION ‘‘the SBA’’ and add ‘‘the Agency’’ in its
This paragraph (d) does not entitle any place.
person or entity to obtain any credit or 13 CFR Part 105 [FR Doc. 2015–31745 Filed 12–17–15; 8:45 am]
any increase, renewal or extension of
BILLING CODE 1505–01–D
maturity of any credit from a Federal Standards of Conduct and Employee
Reserve Bank. Restrictions and Responsibilities
(12) Participation in programs and
facilities and vendor selection. (i) CFR Correction DEPARTMENT OF TRANSPORTATION
Participation in any program or facility
In Title 13 of the Code of Federal Federal Aviation Administration
under this paragraph (d) shall not be
limited or conditioned on the basis of Regulations, revised as of January 1,
2015, on page 34, in § 105.401, in 14 CFR Part 71
any legally prohibited basis, such as the
race, religion, color, gender, national paragraph (b)(3), remove ‘‘Director of [Docket No. FAA–2015–1139; Airspace
asabaliauskas on DSK5VPTVN1PROD with RULES

origin, age or disability of the borrower. Human Resources’’ and add in its place Docket No. 15–AWP–4]
(ii) The selection of any third-party ‘‘Chief Human Capital Officer’’.
vendor used in the design, marketing or [FR Doc. 2015–31738 Filed 12–17–15; 8:45 am]
Establishment of Class E Airspace;
implementation of any program or Los Angeles, CA
BILLING CODE 1505–01–D
facility under this paragraph (d) shall be AGENCY: Federal Aviation
Administration (FAA), DOT.
2 Unless fewer are authorized pursuant to section
ACTION: Final rule.
11(r) of the Federal Reserve Act. 12 U.S.C. 248(r).

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Document Created: 2015-12-18 01:38:26
Document Modified: 2015-12-18 01:38:26

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Rules and Regulations
FR Citation		80 FR 78967