RUS program eligibility restrictions regarding felony conviction or tax delinquent corporations on use of all RUS loans, grants and guarantees.
Corporations that have been convicted of a felony (or had an officer or agency acting on behalf of the corporation convicted of a felony) within the past 24 months are not eligible. Any Corporation that has any unpaid federal tax liability that has been assessed, for which all judicial and administrative remedies have been exhausted or have lapsed, and that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability, is not eligible for financial assistance provided with funds appropriated by the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2012, P.L. No. 112-55.
Applicants seeking funding from RUS must complete the Representation Regarding Felony Conviction and Tax Delinquent Status for Corporate Applicants form AD 3030.
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