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Notes

§4290.1220. Requirement for RBIC to file financial statements at the time of request for a draw.

7 C.F.R. § 4290.1220

(a)
If you submit a request for a draw against your Leverage commitment more than 90 days following your submission of an annual SBA Form 468 or a SBA Form 468 (Short Form) or other USDA-approved form(s), you must:
(1)
Give the Agency a financial statement on Form 468 (Short Form) or other USDA-approved form(s), and
(2)
File a statement of no material adverse change in your financial condition since your last filing of SBA Form 468 or other USDA-approved form(s).
(b)
You will not be eligible for a draw if you are not in compliance with this § 4290.1220.
Notes, amendments, and revision history

Amendments

[69 FR 32204, June 8, 2004, as amended at 76 FR 80224, Dec. 23, 2011]

Authority

Authority: 7 U.S.C. 1989 and 2009cc et seq.

Source

Source: 69 FR 32204, June 8, 2004, unless otherwise noted.

Amendments

[69 FR 32204, June 8, 2004, as amended at 76 FR 80224, Dec. 23, 2011]