1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter XI - AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE
  5. Part 1216 - PEANUT PROMOTION, RESEARCH, AND INFORMATION ORDER
  6. Subpart A - Peanut Promotion, Research, and Information Order
  7. Topic - Expenses and Assessments
  8. 7 CFR § 1216.54
7 CFR § 1216.54
Operating reserve
July 6, 2020
CFR

The Board shall establish an operating monetary reserve and may carry over to subsequent fiscal years excess funds in a reserve so established; Provided, that funds in the reserve shall not exceed any fiscal year's anticipated expenses.

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§ 1216.53 Independent evaluation
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§ 1216.55 Investment of funds

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