7 CFR 4290.300 - When and how to apply for a RBIC License.

Code of Federal Regulations - Title 7: Agriculture

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Title 7: Agriculture

Subtitle B: Regulations of the Department of Agriculture (Continued)

CHAPTER XLII: RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE

PART 4290: RURAL BUSINESS INVESTMENT COMPANY (?RBIC?) PROGRAM

Subpart D: Application and Approval Process for RBIC Licensing

4290.300 - When and how to apply for a RBIC License.

(a) Notice of Funds Availability (?NOFA?). The Secretary will publish a NOFA in the Federal Register advising potential applicants of the availability of funds for the RBIC program and inviting the submission of applications. The NOFA may specify limitations, special rules, procedures, and restrictions for a particular funding round. When submitting its application, an Applicant must comply with both this part 4290 and any requirements specified in the NOFA, including the opening and closing dates for submission of an application.

(b) Application form. An Applicant must apply for a RBIC license using the application packet provided by the Secretary. Upon receipt of a completed application packet, the Secretary may request clarifying or technical information on the materials submitted as part of the application.

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