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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter X - Agricultural Marketing Service (Marketing Agreements and Orders; Milk), Department of Agriculture |
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Part 1004 - MILK IN THE MIDDLE ATLANTIC MARKETING AREA |
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Subpart A - Order Regulating Handling |
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Payments for Milk |
§ 1004.70 - Producer-settlement fund.
Latest version.
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The market administrator shall maintain a separate fund known as the “producer-settlement fund” into which he shall deposit all payments into such fund pursuant to §§ 1004.71, 1004.76 and 1004.77 and out of which he shall make all payments from such fund pursuant to §§ 1004.72 and 1004.77:
Provided, That the market administrator shall offset the payment due to a handler against payment due from such handler.