Business and Industrial Loan ProgramAudit Requirements
rural-development · Rural Housing Service · Rule · Published 1996-04-26 · 61 FR 18493
Document
Document number
96-10144
Federal Register citation
61 FR 18493
CFR reference
7 CFR 1980
Type
Rule
Action
Final rule.
Category
rural-development
Sub-agency
Rural Housing Service
Publication date
1996-04-26
Abstract
The Rural Business-Cooperative Service (RBS) is amending the regulations for the Business and Industry (B&I) Loan Program. The action clarifies the requirements for annual financial statements and establishes thresholds for determining which borrowers will be required to provide audited statements.