---
kind: "section"
citation: "7 C.F.R. § 4290.3030"
title: "7"
number: "4290.3030"
heading: "Financing of Enterprises by RBICs."
url: "https://uscodex.org/cfr/7/4290.3030"
---

# §4290.3030. Financing of Enterprises by RBICs.

- (a) **Non-compliance with this section.** The last sentence of [§ 4290.700(e)](/cfr/7/4290.700.md?p=e) does not apply to Non-leveraged RBICs.
- (b) **Enterprises that may be ineligible for Financing.** The provisions associated with real estate enterprises found in [§ 4290.720(c)](/cfr/7/4290.720.md?p=c) apply to Non-leveraged RBICs unless the Non-leveraged RBIC requests, and has received, an irrevocable exemption from the Agency in accordance with [§ 4290.1920](/cfr/7/4290.1920.md).
- (c) **Farmland purchases.** The provisions associated with farmland purchases found in [§ 4290.720(e)](/cfr/7/4290.720.md?p=e) apply to Non-leveraged RBICs unless the Non-leveraged RBIC requests, and has received, an irrevocable exemption from the Agency in accordance with [§ 4290.1920](/cfr/7/4290.1920.md).
- (d) **Purchasing securities from an underwriter or other third party.** Non-leveraged RBICs are exempt from the recordkeeping requirements and fee limitations in § [4290.825(b)](/cfr/7/4290.825.md?p=b) and [(c)](/cfr/7/4290.825.md?p=c), respectively, for securities purchased through or from an underwriter.
- (e) **Assets acquired in liquidation of Portfolio securities.** The provisions of [§ 4290.880](/cfr/7/4290.880.md) do not apply to Non-leveraged RBICs.

## Notes

### Source

Source: 76 FR 80225, Dec. 23, 2011, unless otherwise noted.

### Authority

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

### Source

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