Pool Originator Receipt [Business Credit and Assistance] Law and Legal Definition

According to 13 CFR 120.1700 [Title 13 -- Business Credit and Assistance; Chapter I -- Small Business Administration; Part 120 -- Business Loans; Subpart J--Establishment of SBA Secondary Market Guarantee Program for First Lien Position 504 Loan Pools], Pool Originator Receipt refers to “the document evidencing the Pool Originator's retained ownership in a Pool it has formed under the Program.”