§ 4290.3010 - Application and Approval Process for RBIC licensing without Leverage.

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The provisions of § 4290.300 notwithstanding, the Secretary will accept, at any time, applications for consideration as a Non-leveraged RBIC. The number of applications that the Agency will receive each year, and any fees and conditions, will be announced annually in a Federal Register notice.

The provision for evaluating applicants on a competitive basis, as specified in § 4290.340(a), does not apply to this subpart.

The provisions specified in § 4290.370(m) do not apply to this subpart.