GroundRules
7 CFR 4290.1220: Requirement for RBIC to file financial statements at the time of request for a draw.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XLII—RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE
- PART 4290—RURAL BUSINESS INVESTMENT COMPANY (“RBIC”) PROGRAM
- Subpart J—Financial Assistance for RBICs (Leverage)
(a) If you submit a request for a draw against your Leverage commitment more than 90 days following your submission of an annual SBA Form 468 or a SBA Form 468 (Short Form) or other USDA-approved form(s), you must:
(1) Give the Agency a financial statement on Form 468 (Short Form) or other USDA-approved form(s), and
(2) File a statement of no material adverse change in your financial condition since your last filing of SBA Form 468 or other USDA-approved form(s).
(b) You will not be eligible for a draw if you are not in compliance with this § 4290.1220.
Collected 2026-08-27T02:24:01Z. Source file · JSON