Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XIV - Commodity Credit Corporation, Department of Agriculture |
SubChapter B - Loans, Purchases, and Other Operations |
Part 1425 - Cooperative Marketing Associations |
§ 1425.6 - Approved CMAs.
Latest version.
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§ 1425.6 Approved CMAs.
(a) CCC may approve a CMA to participate in the MAL and LDP program as:
(1) Unconditionally approved; or
(2) Conditionally approved.
(b) If CCC determines a CMA is in substantial but not total compliance with the requirements of this part, CCC may make the approval conditional on the CMA achieving full compliance within a reasonable period of time, as specified in the notification of conditional approval.
(c) A CMA is approved to participate in the MAL and LDP program until the CMA's approval is suspended or terminated by CCC.
[80 FR 130, Jan. 2, 2015]