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Title 7 Part 1216 → Subpart A → §1216.54

Title 7 → Subtitle B → Chapter XI → Part 1216 → Subpart A → §1216.54

Electronic Code of Federal Regulations e-CFR

Title 7 Part 1216 → Subpart A → §1216.54

e-CFR data is current as of January 16, 2020

Title 7Subtitle BChapter XIPart 1216Subpart A → §1216.54


Title 7: Agriculture
PART 1216—PEANUT PROMOTION, RESEARCH, AND INFORMATION ORDER
Subpart A—Peanut Promotion, Research, and Information Order


§1216.54   Operating reserve.

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.