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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 XVIII - Rural Housing Service, Rural Business-Cooperative Service, Rural Utilities Service, and Farm Service Agency, Department of Agriculture |
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SubChapter H - Program Regulations |
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Part 1941 - [Reserved] |
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Subpart C - Boll Weevil Eradication Loan Program |
§ 1941.976 - Eligible loan purposes.
Latest version.
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(a) Loan funds may be used for any purpose directly related to boll weevil
eradication activities, including, but not limited to: (1) Purchase or lease of supplies and equipment;
(2) Operating expenses, including but not limited to, travel and office operations;
(3) Salaries and benefits;
(b) Loan funds may not be used to pay expenses incurred for lobbying, public relations, or related activities, or to pay interest on loans from the Agency.