7 CFR 4290.380
§ 4290.380 Selection.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 4290.380, § 4290.380 Selection, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/31514
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Full text
From among the Applicants that have submitted eligible and complete applications, the Administrator of RBS and the Administrator on behalf of SBA, in their sole discretion, will select some, all, or none of such Applicants to participate in the RBIC program. Selection will entitle the Applicant to proceed with obtaining a license as a RBIC but only if the Applicant also meets the conditions set forth in § 4290.390.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.