Amendment111th Congress
Amendment requires the SBA Administrator to pay the claim of a lender who demonstrates it followed the applicable requirements of the National Lender Training Program (Sec. 106), unless the SBA has clear and convincing evidence demonstrating that the lender failed to comply with regulatory requirements.
- Amendment Number
- 478
- Description
- Amendment requires the SBA Administrator to pay the claim of a lender who demonstrates it followed the applicable requirements of the National Lender Training Program (Sec. 106), unless the SBA has clear and convincing evidence demonstrating that the lender failed to comply with regulatory requirements.
- Purpose
- An amendment numbered 2 printed in Part B of House Report 111-317 to require the SBA Administrator to pay the claim of a lender who demonstrates it followed the applicable requirements of the National Lender Training Program (Sec. 106), unless the SBA has clear and convincing evidence demonstrating that the lender failed to comply with regulatory requirements.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Oct 29, 2009
- Latest Action Text
- On agreeing to the Schock amendment (A002) Agreed to by voice vote.
- Latest Action Time
- 15:19:52
- Submitted Date
- Oct 29, 2009
- Chamber
- House of Representatives
- Update Date
- Dec 5, 2020