7 CFR § 4290.140 - Approval of initial Management Expenses.

---
identifier: "/us/cfr/t7/s4290.140"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 4290.140 - Approval of initial Management Expenses."
title_number: 7
title_name: "Agriculture"
section_number: "4290.140"
section_name: "Approval of initial Management Expenses."
chapter_name: "RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "4290"
part_name: "RURAL BUSINESS INVESTMENT COMPANY (“RBIC”) PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 1989 and 2009cc"
regulatory_source: "69 FR 32204, June 8, 2004, unless otherwise noted."
cfr_part: "4290"
---


# 4290.140 Approval of initial Management Expenses.

A RBIC must have its Management Expenses approved by the Agency at the time it is licensed. (*See* § 4290.520 for the definition of Management Expenses.)