7 CFR 4290.810 - Financings in the form of Loans.

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 I: Financing of Enterprises by RBICs

: Structuring Rbic Financing of Eligible Enterprises-Types of Financings

4290.810 - Financings in the form of Loans.

You are permitted to make Loans to an Enterprise only if:

(a) The maturity or term of the Loan is five years or less; and

(b) You determine that making the Loan is necessary to preserve an existing Financing (other than a Loan) in that same Enterprise.

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