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Code of Federal Regulations (Last Updated: May 6, 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 1137 - MILK IN THE EASTERN COLORADO MARKETING AREA |
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Subpart A - Order Regulating Handling |
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Payments for Milk |
§ 1137.70 - 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 §§ 1137.71, 1137.76, and 1137.77, subject to the provision of § 1137.78 and out of which he shall make all payments pursuant to §§ 1137.72 and 1137.77:
Provided, That any payments due to any handler shall be offset by any payments due from such handler.