StacksVerified U.S. regulatory reference

40 CFR §1033.722

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Credit transfer is the conveying of control over credits, either:
    1. (1)From a certifying manufacturer/remanufacturer to an owner/operator.
    2. (2)From an owner/operator to a certifying manufacturer/remanufacturer.
  2. (b)Transferred credits can be:
    1. (1)Used by a certifying manufacturer/remanufacturer in averaging.
    2. (2)Transferred again within the model year.
    3. (3)Reserved for later banking. Transferred credits may not be traded unless they have been previously banked.
  3. (c)Owners/operators participating in credit transfers must submit the reports specified in § 1033.730.