Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XLII - Rural Business-Cooperative Service and Rural Utilities Service, Department of Agriculture |
Part 4290 - Rural Business Investment Company (“RBIC”) Program |
Subpart C - Qualifications for the RBIC Program |
Organizing a RBIC |
§ 4290.140 - Approval of initial Management Expenses.
Latest version.
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§ 4290.140 Approval of initial Management Expenses.
A RBIC must have its Management Expenses approved by the Secretary Agency at the time it is licensed. (See § 4290.520 for the definition of Management Expenses.)