7 CFR 761.52
§ 761.52 Deposits into a supervised bank account.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 761.52, § 761.52 Deposits into a supervised bank account, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19726
- Permanent ID
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Full text
(a) Checks or money orders may be deposited into a supervised bank account provided they are not payable:
(1) Solely to the Federal Government or any agency thereof; or
(2) To the Treasury of the United States as a joint payee.
(b) Loan proceeds may be deposited electronically.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.