120.642—Requirements before the FTA issues Pool Certificates.
Before the FTA issues any Pool Certificate, the Pool Assembler must deliver to it the following documents:
(a)
A properly completed Pool application form;
(1)
Individual Certificates evidencing the guaranteed portions comprising the Pool; or
(2)
An executed SPGA and related documentation for the loans whose guaranteed portions are to be part of the Pool; and
(c)
Any other documentation which SBA may require.