![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 7 - Agriculture |
![]() |
Subtitle B - Regulations of the Department of Agriculture |
![]() |
Chapter XIV - Commodity Credit Corporation, Department of Agriculture |
![]() |
SubChapter B - Loans, Purchases, and Other Operations |
![]() |
Part 1434 - Nonrecourse Marketing Assistance Loans and Loan Deficiency Payments for Honey |
§ 1434.11 - Fees and interest.
Latest version.
-
§ 1434.11 Fees and interest.
(a) A producer must pay a nonrefundable MAL service fee. The MAL service fee will be the smaller of one-half of 1 percent (.005) times the gross MAL amount or $45 per MAL plus $3 for each storage structure over one.
(b) Interest that accrues with respect to a loan wil be determined in accordance with part 1405 of this chapter.
[66 FR 15177, Mar. 15, 2001, as amended at 80 FR 140, 141, Jan. 2, 2015]