7 CFR 1218.51

§ 1218.51 Financial statements.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1218.51, § 1218.51 Financial statements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/24570
Permanent ID: ys:prov:24570@1
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Full text

(a) As requested by the Secretary, the Council shall prepare and submit financial statements to the Secretary on a periodic basis. Each such financial statement shall include, but not be limited to, a balance sheet, income statement, and expense budget. The expense budget shall show expenditures during the time period covered by the report, year-to-date expenditures, and the unexpended budget. (b) Each financial statement shall be submitted to the Secretary within 30 days after the end of the time period to which it applies. (c) The Council shall submit annually to the Secretary an annual financial statement within 90 days after the end of the fiscal year to which it applies.

Legislative history

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