7 CFR Part 4290

121 sections.

§ 4290.10
Description of the Rural Business Investment Company Program
§ 4290.15
Leveraged and Non-leveraged Rural Business Investment Companies
§ 4290.20
Legal basis and applicability of this part 4290
§ 4290.30
Amendments to Act and regulations
§ 4290.40
How to read this part 4290
§ 4290.45
Responsibility for implementing this part 4290
§ 4290.50
Definition of terms
§ 4290.100
Business form
§ 4290.110
Qualified management
§ 4290.120
Plan to invest in Rural Areas
§ 4290.130
Identified Rural Areas
§ 4290.140
Approval of initial Management Expenses
§ 4290.150
Management and ownership diversity requirement
§ 4290.160
Special rules for Partnership RBICs and LLC RBICs
§ 4290.165
Obligations of Control Persons
§ 4290.200
Adequate capital for RBICs
§ 4290.210
Minimum capital requirements for RBICs
§ 4290.230
Private Capital for RBICs
§ 4290.240
Limitations on non-cash capital contributions in Private Capital
§ 4290.300
When and how to apply for a RBIC License
§ 4290.310
Contents of application
§ 4290.320
Contents of comprehensive business plan
§ 4290.330
Guarantee fee
§ 4290.340
Evaluation and selection—general
§ 4290.350
Eligibility and completeness
§ 4290.360
Initial review of Applicant's management team's qualifications
§ 4290.370
Evaluation criteria
§ 4290.380
Selection
§ 4290.390
Licensing as a RBIC
§ 4290.400
Changes in ownership of 10 percent or more of RBIC but no change of Control
§ 4290.410
Changes in Control of RBIC (through change in ownership or otherwise)
§ 4290.420
Prohibition on exercise of ownership or Control rights in RBIC before approval
§ 4290.430
Notification of transactions that may change ownership or Control
§ 4290.440
Standards governing prior approval for a proposed transfer of Control
§ 4290.450
Notification of pledge of RBIC's shares
§ 4290.460
Restrictions on Common Control or ownership of two (or more) RBICs
§ 4290.470
Prior approval of merger, consolidation, or reorganization of RBIC
§ 4290.480
Prior approval of changes to RBIC's business plan
§ 4290.500
Lawful operations under the Act
§ 4290.502
Representations to the public
§ 4290.503
RBIC's adoption of an approved valuation policy
§ 4290.504
Equipment of USDA or SBA officials
§ 4290.506
Safeguarding the RBIC's assets/Internal controls
§ 4290.507
Violations based on false filings and nonperformance of agreements with the Agency or SBA
§ 4290.508
Compliance with non-discrimination laws and regulations applicable to federally-assisted programs
§ 4290.509
Employment of USDA or SBA officials
§ 4290.510
Approval of RBIC's Investment Adviser/Manager
§ 4290.520
Management Expenses of a RBIC
§ 4290.530
Restrictions on investments of idle funds by RBICs
§ 4290.550
Prior approval of secured third-party debt of RBICs
§ 4290.585
Voluntary decrease in RBIC's Regulatory Capital
§ 4290.600
General requirement for RBIC to maintain and preserve records
§ 4290.610
Required certifications for Loans and Investments
§ 4290.620
Requirements to obtain information from Portfolio Concerns
§ 4290.630
Requirement for RBICs to file financial statements and supplementary information with the Agency
§ 4290.640
Requirement to file portfolio financing reports with the Agency
§ 4290.650
Requirement to report portfolio valuations to the Agency
§ 4290.660
Other items required to be filed by RBIC with the Agency
§ 4290.680
Reporting changes in RBIC not subject to prior approval
§ 4290.690
Examinations
§ 4290.691
Responsibilities of RBIC during examination
§ 4290.692
Examination fees
§ 4290.700
Requirements concerning types of enterprises to receive financing
§ 4290.720
Enterprises that may be ineligible for Financing
§ 4290.730
Financings which constitute conflicts of interest
§ 4290.740
Portfolio diversification (“overline” limitation)
§ 4290.760
How a change in size or activity of a Portfolio Concern affects the RBIC and the Portfolio Concern
§ 4290.800
Financings in the form of Equity Securities
§ 4290.810
Financings in the form of Loans
§ 4290.815
Financings in the form of Debt Securities
§ 4290.820
Financings in the form of guarantees
§ 4290.825
Purchasing securities from an underwriter or other third party
§ 4290.830
Minimum term of Financing
§ 4290.835
Exceptions to minimum term of Financing
§ 4290.840
Maximum term of Financing
§ 4290.845
Maximum rate of amortization on Loans and Debt Securities
§ 4290.850
Restrictions on redemption of Equity Securities
§ 4290.860
Financing fees and expense reimbursements a RBIC may receive from an Enterprise
§ 4290.880
Assets acquired in liquidation of Portfolio securities
§ 4290.885
Disposition of assets to RBIC's Associates or to competitors of Portfolio Concerns
§ 4290.900
Management fees for services provided to an Enterprise by RBIC or its Associate
§ 4290.1100
Type of Leverage and application procedures
§ 4290.1120
General eligibility requirements for Leverage
§ 4290.1130
Leverage fees payable by RBIC
§ 4290.1140
RBIC's acceptance of remedies under § 4290.1810
§ 4290.1150
Maximum amount of Leverage for a RBIC
§ 4290.1200
Leverage commitment to a RBIC—application procedure, amount, and term
§ 4290.1220
Requirement for RBIC to file financial statements at the time of request for a draw
§ 4290.1230
Draw-downs by RBIC under Leverage commitment
§ 4290.1240
Funding of RBIC's draw request through sale to third-party
§ 4290.1500
Restrictions on distributions to RBIC investors while RBIC has outstanding Leverage
§ 4290.1600
Agency's authority to issue and guarantee Trust Certificates
§ 4290.1610
Effect of prepayment or early redemption of Leverage on a Trust Certificate
§ 4290.1620
Functions of agents, including Central Registration Agent, Selling Agent and Fiscal Agent
§ 4290.1630
Regulation of Brokers and Dealers and disclosure to purchasers of Leverage or Trust Certificates
§ 4290.1640
Agency's access to records of the CRA, Brokers, Dealers and Pool or Trust assemblers
§ 4290.1700
Agency's transfer of interest in a RBIC's Leverage security
§ 4290.1710
Agency's authority to collect or compromise claims
§ 4290.1720
Characteristics of Agency's guarantee
§ 4290.1810
Events of default and the Agency's remedies for RBIC's noncompliance with terms of Debentures
§ 4290.1830
RBIC's Capital Impairment definition and general requirements
§ 4290.1840
Computation of RBIC's Capital Impairment Percentage
§ 4290.1900
Termination of participation as a RBIC
§ 4290.1910
Non-waiver of rights or terms of Leverage security
§ 4290.1920
RBIC's application for exemption from a regulation in this part 4290
§ 4290.1930
Effect of changes in this part 4290 on transactions previously consummated
§ 4290.1940
Integration of this part with other regulations applicable to USDA's programs
§ 4290.2000
Operational Assistance Grants to RBICs
§ 4290.3000
Non-leveraged RBICs—General
§ 4290.3003
Responsibilities for implementing Non-leveraged RBICs
§ 4290.3005
Qualifications for the Non-leveraged RBIC Program
§ 4290.3010
Application and Approval Process for RBIC licensing without Leverage
§ 4290.3015
Evaluation and selection of Non-leveraged RBICs
§ 4290.3020
Changes in Ownership, Structure, or Control
§ 4290.3025
Managing the Operations of a RBIC
§ 4290.3030
Financing of Enterprises by RBICs
§ 4290.3035
Recordkeeping, Reporting, and Examination Requirements for RBICs
§ 4290.3040
Financial Assistance for RBICs
§ 4290.3041
Events of default and the Agency's remedies for RBIC's noncompliance with terms of licensure
§ 4290.3045
Computation of RBIC's Capital Impairment
§ 4290.3050
Operational Assistance Grants for RBICs

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.