[Code of Federal Regulations] [Title 13, Volume 1] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 13CFR107.140] [Page 37] TITLE 13--BUSINESS CREDIT AND ASSISTANCE CHAPTER I--SMALL BUSINESS ADMINISTRATION PART 107_SMALL BUSINESS INVESTMENT COMPANIES--Table of Contents Subpart C_Qualifying for an SBIC License Sec. 107.140 SBA approval of initial Management Expenses. If you plan to obtain Leverage, you must have your Management Expenses approved by SBA at the time of licensing. (See Sec. 107.520 for the definition of Management Expenses.) [[Page 38]]