![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 7 - Agriculture |
![]() |
Subtitle B - Regulations of the Department of Agriculture |
![]() |
Chapter X - Agricultural Marketing Service (Marketing Agreements and Orders; Milk), Department of Agriculture |
![]() |
Part 1012 - MILK IN TAMPA BAY MARKETING AREA |
![]() |
Subpart A - Order Regulating Handling |
![]() |
Payments For Milk |
§ 1012.70 - Producer-settlement fund.
Latest version.
-
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 §§ 1012.71 and 1012.76 and out of which he shall make all payments from such fund pursuant to § 1012.72:
Provided, That the market administrator shall offset the payment due to a handler against payments due from such handler.