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Title 7 Part 1221 → Subpart A → §1221.114

Title 7 → Subtitle B → Chapter XI → Part 1221 → Subpart A → §1221.114

Electronic Code of Federal Regulations e-CFR

Title 7 Part 1221 → Subpart A → §1221.114

e-CFR data is current as of September 18, 2019

Title 7Subtitle BChapter XIPart 1221Subpart A → §1221.114


Title 7: Agriculture
PART 1221—SORGHUM PROMOTION, RESEARCH, AND INFORMATION ORDER
Subpart A—Sorghum Promotion, Research, and Information Order


§1221.114   Operating reserve.

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.