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 I - Financing of Enterprises by RBICs
  7. Topic - Structuring RBIC Financing of Eligible Enterprises—Types of Financings
  8. 7 CFR § 4290.845
7 CFR § 4290.845
Maximum rate of amortization on Loans and Debt Securities
July 6, 2020
CFR

The principal of any Loan, or the loan portion of any Debt Security, with a term of one year or less, cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.

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§ 4290.840 Maximum term of Financing
Next
§ 4290.850 Restrictions on redemption of Equity Securities

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