7 CFR 915.142

§ 915.142 Reserve fund.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 915.142, § 915.142 Reserve fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/21052
Permanent ID: ys:prov:21052@1
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Full text

(a) The establishment of a reserve fund at an amount not to exceed approximately 3 fiscal years' operational expenses is appropriate and necessary to the maintenance and functioning of the Avocado Administrative Committee. Such reserve, including funds carried forward from prior fiscal years, shall be used to provide for the maintenance and functioning of the committee in accordance with the provisions of the marketing agreement, as amended, and this part. (b) Terms used in this section shall have the same meaning as when used in said marketing agreement and order.

Legislative history

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