Statutes, codes, and regulations
Code of Federal Regulations
Title 7 - AGRICULTURESubtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTUREChapter XLII - RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTUREPart 4290 - RURAL BUSINESS INVESTMENT COMPANY ("RBIC") PROGRAMSubpart C - QUALIFICATIONS FOR THE RBIC PROGRAM
CAPITALIZING A RBIC
Section 4290.240 - Limitations on non-cash capital contributions in Private Capital

7 C.F.R. § 4290.240

Download
PDF
Current through October 31, 2024
Section 4290.240 - Limitations on non-cash capital contributions in Private Capital

Non-cash capital contributions to a RBIC or Applicant are included in Private Capital only if they are approved by the Agency and they fall into one of the following categories:

(a) Direct obligations of, or obligations guaranteed as to principal and interest by, the United States having a term of no more than one year.
(b) Services rendered or to be rendered to you, priced at no more than their fair market value.
(c) Other non-cash assets approved by the Agency.

7 C.F.R. §4290.240