7 CFR 982.454
§ 982.454 Sureties acceptable to the Board.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 982.454, § 982.454 Sureties acceptable to the Board, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/22251
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Full text
Bonds secured by cash, cashier's or certified checks, or by assets that are entirely separate and apart from the handler named in the bond may be accepted by the Board pursuant to § 982.54(a). As a condition of accepting any surety, the Board may require such financial statements or other information relating to the ability of such surety to guarantee a handler's bond as it deems necessary. Handlers are also required to submit F/H Form C to the Board to document the handler's execution of a bond.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.