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Code of Federal Regulations (Last Updated: November 8, 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 XI - Agricultural Marketing Service (Marketing Agreements and Orders; Miscellaneous Commodities), Department of Agriculture |
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Part 1207 - Potato Research and Promotion Plan |
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Subpart A - Potato Research and Promotion Plan |
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Expenses and Assessments |
§ 1207.344 - Operating reserve.
Latest version.
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§ 1207.344 Operating reserve.
The Board may establish an operating monetary reserve and may carry over to subsequent fiscal periods excess funds in a reserve so established: Provided, That funds in the reserve shall not exceed approximately two fiscal periods' expenses. Such reserve funds may be used to defray any expenses authorized under this part.