1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter XLII - RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
  5. Part 4290 - RURAL BUSINESS INVESTMENT COMPANY (“RBIC”) PROGRAM
  6. Subpart C - Qualifications for the RBIC Program
  7. Topic - Organizing a RBIC
  8. 7 CFR § 4290.140
7 CFR § 4290.140
Approval of initial Management Expenses
July 6, 2020
CFR

A RBIC must have its Management Expenses approved by the Agency at the time it is licensed. (See §4290.520 for the definition of Management Expenses.)

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§ 4290.130 Identified Rural Areas
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§ 4290.150 Management and ownership diversity requirement

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