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Notes

§4290.885. Disposition of assets to RBIC's Associates or to competitors of Portfolio Concerns.

7 C.F.R. § 4290.885

Except with the Agency's prior written approval, you are not permitted to dispose of assets (including assets acquired in liquidation) to any Associate or to competitors of Portfolio Concerns if you have outstanding Leverage. As a prerequisite to such approval, you must demonstrate that the proposed terms of disposal are at least as favorable to you as the terms obtainable elsewhere.
Notes, amendments, and revision history

Authority

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

Source

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