7 CFR 1212.54
§ 1212.54 Operating reserve.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1212.54, § 1212.54 Operating reserve, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/24243
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Full text
The Board may establish an operating monetary reserve and may carry over to subsequent fiscal periods excess funds in any reserve so established: Provided that the funds in the reserve do not exceed one fiscal period's budget. Subject to approval by the Department, such reserve funds may be used to defray any expenses authorized under this part.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.