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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 F: Changes in Ownership, Structure, or Control
: Changes in Control Or Ownership of Rbic
4290.400 - Changes in ownership of 10 percent or more of RBIC but no change of Control.
You must obtain the Secretary's prior written approval for any proposed transfer or issuance of ownership interests that results in the ownership (beneficial or of record) by any Person, or group of Persons acting in concert, of at least 10 percent of any class of your stock, partnership capital or membership interests.
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