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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 IX - Agricultural Marketing Service (Marketing Agreements and Orders; Fruits, Vegetables, Nuts), Department of Agriculture |
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Part 911 - LIMES GROWN IN FLORIDA |
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Subpart - Rules and Regulations |
§ 911.142 - Reserve fund.
Latest version.
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(a) The establishment of a reserve fund at an amount not to exceed approximately 3 fiscal years’ operational expenses is appropriate and necessary to the maintenance and functioning of the Florida Lime Administrative Committee. Such reserve, including funds carried forward from prior fiscal years, shall be used to provide for the maintenance and functioning of the committee in accordance with the provisions of the marketing agreement, as amended, and this part.
(b) Terms used in this section shall have the same meaning as when used in said amended marketing agreement and order.