7 C.F.R. § 4290.460

Current through May 31, 2024
Section 4290.460 - Restrictions on Common Control or ownership of two (or more) RBICs

Without the Agency's prior written approval, you must not have an officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) who is also:

(a) An officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) of another RBIC; or
(b) An officer or director of any Person that directly or indirectly controls, or is controlled by, or is under Common Control with, another RBIC.

7 C.F.R. §4290.460