Section 120.818 - Applicability to existing for-profit CDCs(a) Unless expressly provided otherwise in the regulations, any Loan Program Requirement that applies to non-profit CDCs also applies to for-profit CDCs.(b) No person or entity can own or control more than 25 percent of a for-profit CDC's stock. 79 FR 15649 , Mar. 21, 2014, as amended at 84 FR 66294 , Dec. 4, 2019