7 CFR 46.33

§ 46.33 Conversion of funds.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 46.33, § 46.33 Conversion of funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/14748
Permanent ID: ys:prov:14748@1
SHA-256: 7af498d4c7bf5b016ca112573c28853d5d09531190e051cce168d29242c6711c

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Any licensee who collects or receives funds for or on behalf of another person or firm in connection with produce shall not make any use or disposition of such funds in his possession or control that will endanger or impair faithful and prompt payment to the owner or consignor of the produce or to any other person having a financial interest therein.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.