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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 XI - Agricultural Marketing Service (Marketing Agreements and Orders; Miscellaneous Commodities), Department of Agriculture |
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Part 1216 - Peanut Promotion, Research, and Information Order |
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Subpart A - Peanut Promotion, Research, and Information Order |
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Expenses and Assessments |
§ 1216.55 - Investment of funds.
Latest version.
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§ 1216.55 Investment of funds.
The Board may invest, pending disbursement, funds it receives under this subpart, only in obligations of the United States or any agency of the United States; general obligations of any state or any political subdivision of a state; interest bearing accounts or certificates of deposit of financial institutions that are members of the Federal Reserve system; or obligations that are fully guaranteed as to principal and interest by the United States.