7 CFR 1434.11

§ 1434.11 Fees and interest.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1434.11, § 1434.11 Fees and interest, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25903
Permanent ID: ys:prov:25903@1
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Full text

(a) A producer must pay a nonrefundable MAL service fee. The MAL service fee will be the smaller of one-half of 1 percent (.005) times the gross MAL amount or $45 per MAL plus $3 for each storage structure over one. (b) Interest that accrues with respect to a loan wil be determined in accordance with part 1405 of this chapter.

Legislative history

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