Code of Federal Regulations (Last Updated: November 8, 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 1068 - MILK IN THE UPPER MIDWEST MARKETING AREA |
Subpart A - Order Regulating Handling |
Payments for Milk |
§ 1068.70 - Producer-settlement fund.
Latest version.
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The market administrator shall establish and maintain a separate fund known as the “producer-settlement fund” into which he shall deposit all payments made by handlers pursuant to §§ 1068.71, 1068.76, and 1068.77 and out of which he shall make all payments due handlers pursuant to §§ 1068.72 and 1068.77:
Provided, That the market administrator shall offset any payments due any handler against payments due from such handler.