Additional rules for RD employees.

CFR · 2024-01-01 · US · Title 5

(a) (b) (c) (i) Entities engaged in commercial real estate sales and leasing, including brokers, sales agents, mortgage lenders, and other financial servers; (ii) Title and abstract companies; (iii) House/building construction companies and subcontractors; (iv) Building supply companies and lumberyards; (v) Insurance companies; and (vi) Entities involved in land development. (2) (ii) Nothing in this section prohibits an RD employee, or a spouse or minor child of an RD employee, from owning Patronage Capital that the employee receives simply by reason of being a member of a nonprofit entity, such as an electric, telecommunications, or water cooperative. For purposes of this section, Patronage Capital is defined as amounts received for providing a service in excess of the amounts required for operating costs and expenses. (d) (e) (2) (f) (g) (i) The RD State Director, for RD State-level employees; or (ii) The Deputy Administrator for Operations and Management, for RD State Directors and National Office employees. (2) (i) The waiver is not inconsistent with part 2635 of this title, this part, or 7 U.S.C. 1986, nor otherwise prohibited by law, and that, under the particular circumstances, application of the prohibition is not necessary to avoid the appearance of misuse of position or loss of impartiality or otherwise to ensure confidence in the impartiality and objectivity with which agency programs are administered; (ii) The transaction: (A) Appears free of duress or favoritism;

official document · source cfr-2024 · id 5:§ 8301.107