GroundRules
7 CFR 4290.240: Limitations on non-cash capital contributions in Private Capital.
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 C—Qualifications for the RBIC Program
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.
Collected 2026-08-27T02:24:01Z. Source file · JSON