Regulations last checked for updates: Nov 24, 2024

Title 7 - Agriculture last revised: Nov 20, 2024
§ 4290.585 - Voluntary decrease in RBIC's Regulatory Capital.

You must obtain the Agency's prior written approval to reduce your Regulatory Capital by more than two percent in any fiscal year. At all times, you must retain sufficient Regulatory Capital to meet the minimum capital requirements in the Act and § 4290.210, and sufficient Leverageable Capital to avoid having excess Leverage in violation of section 384E(d) of the Act.

authority: 7 U.S.C. 1989 and 2009cc
source: 69 FR 32204, June 8, 2004, unless otherwise noted.
cite as: 7 CFR 4290.585