7 CFR 1785.68

§ 1785.68 RUS cushion of credit payment accounts.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1785.68, § 1785.68 RUS cushion of credit payment accounts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28251
Permanent ID: ys:prov:28251@1
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Full text

Effective December 20, 2018, no new cushion of credit accounts may be established. Deposits remaining in the cushion of credit accounts will bear an interest rate equal to the one-year Treasury interest rate in effect on October 1st for each year thereafter.

Legislative history

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