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  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 1221 - SORGHUM PROMOTION, RESEARCH, AND INFORMATION ORDER
  6. Subpart A - Sorghum Promotion, Research, and Information Order
  7. Topic - Sorghum Promotion, Research, and Information Board
  8. 7 CFR § 1221.114
7 CFR § 1221.114
Operating reserve
July 6, 2020
CFR

The Board may establish an operating monetary reserve and may carry over to subsequent fiscal period excess funds in a reserve so established, provided that funds in the reserve shall not exceed one fiscal period's anticipated expenses.

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§ 1221.113 Financial statements
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§ 1221.115 Investment of funds

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