---
kind: "section"
citation: "7 C.F.R. § 4290.1220"
title: "7"
number: "4290.1220"
heading: "Requirement for RBIC to file financial statements at the time of request for a draw."
url: "https://uscodex.org/cfr/7/4290.1220"
---

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

- (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

[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]