7 CFR 1425.10

§ 1425.10 Financial ratio requirement.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1425.10, § 1425.10 Financial ratio requirement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25747
Permanent ID: ys:prov:25747@1
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Full text

To be financially able to make advances to their members and to market their commodities, CMA's must have a current ratio of at least 1 dollar of current assets for each 1 dollar of current liabilities (current ratio of 1:1 or better) on the balance sheet it submits to CCC with its initial application or annual recertification required in § 1425.4.

Legislative history

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