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Title 7 Part 1216 → Subpart A → §1216.55

Title 7 → Subtitle B → Chapter XI → Part 1216 → Subpart A → §1216.55

Electronic Code of Federal Regulations e-CFR

Title 7 Part 1216 → Subpart A → §1216.55

e-CFR data is current as of January 21, 2020

Title 7Subtitle BChapter XIPart 1216Subpart A → §1216.55


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


§1216.55   Investment of funds.

The Board may invest, pending disbursement, funds it receives under this subpart, only in obligations of the United States or any agency of the United States; general obligations of any state or any political subdivision of a state; interest bearing accounts or certificates of deposit of financial institutions that are members of the Federal Reserve system; or obligations that are fully guaranteed as to principal and interest by the United States.