Restrictions on Common Control or ownership of two (or more) RBICs.

CFR · 2024-01-01 · US · Title 7

Without the Agency's prior written approval, you must not have an officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) who is also: (a) An officer, director, manager, Control Person, or owner (with a direct or indirect ownership interest of at least 10 percent) of another RBIC; or (b) An officer or director of any Person that directly or indirectly controls, or is controlled by, or is under Common Control with, another RBIC.

official document · source cfr-2024 · id 7:§ 4290.460