The law › Title 15, Commerce and Trade › Chapter 14A

15 U.S.C. 657t: Office of Credit Risk Management

Created in 2018 by Public Law 85-536. Not changed since. No bill we track in this Congress changes it.

1 part of federal rules cite it as their authority, written by Small Business Administration (1).

How it got hereLaws that created or changed it, newest first

2018Pub. L. 85-536added it

15 U.S.C. 657tOffice of Credit Risk Management

(a)Establishment

(b)Duties

(c)Director

(d)Supervision duties for 7(a) lenders

(e)Enforcement authority against 7(a) lenders

(f)Regulations

(g)Servicing and liquidation responsibilities

(h)Portfolio risk analysis of 7(a) loans

(i)Budget submission and justification

This CongressBills that change it or would

None we track

past change
enacted this Congress
proposed

This Congress

No bill we track in the 119th Congress changes this section.

How it got here

2018

Pub. L. 115–189, §3(b), amended subsec. (d) generally. Prior to amendment, text read as follows: "With respect to 7(a) lenders, an employee of the Office shall— Law text · (d)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.