{"data":{"id":"us/7-cfr-4290.3030","jurisdiction":"us","citation":"7 CFR 4290.3030","heading":"Financing of Enterprises by RBICs.","body":"(a) Non-compliance with this section. The last sentence of § 4290.700(e) does not apply to Non-leveraged RBICs.\n(b) Enterprises that may be ineligible for Financing. The provisions associated with real estate enterprises found in § 4290.720(c) apply to Non-leveraged RBICs unless the Non-leveraged RBIC requests, and has received, an irrevocable exemption from the Agency in accordance with § 4290.1920.\n(c) Farmland purchases. The provisions associated with farmland purchases found in § 4290.720(e) apply to Non-leveraged RBICs unless the Non-leveraged RBIC requests, and has received, an irrevocable exemption from the Agency in accordance with § 4290.1920.\n(d) Purchasing securities from an underwriter or other third party. Non-leveraged RBICs are exempt from the recordkeeping requirements and fee limitations in § 4290.825(b) and (c), respectively, for securities purchased through or from an underwriter.\n(e) Assets acquired in liquidation of Portfolio securities. The provisions of § 4290.880 do not apply to Non-leveraged RBICs.","path":["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 O—Additional Requirements for Non-Leveraged Licensees and Exceptions to Regulations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"2c3ff553a09ef6ca76eeeef9caef3e841ba45aaab50fdbd38d31fe521bf5095c","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-4290.3026-4290.3029","next":"us/7-cfr-4290.3031-4290.3034"},"notice":"GroundRules: Original legal text. Not legal advice."}