[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 13CFR123.15]



[Page 347]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 123_DISASTER LOAN PROGRAM--Table of Contents

 

                           Subpart A_Overview

 

Sec. 123.15  What if I change my mind?



    If SBA required you to pledge collateral for your loan, you may 

change your mind and rescind your loan pursuant to the Consumer Credit 

Protection Act, 15 U.S.C. 1601, and Regulation Z of the Federal Reserve 

Board, 12 CFR part 226. Your note and any collateral documents signed by 

you will be canceled upon your return of all loan proceeds and your 

payment of any interest accrued.