7 CFR · Agriculture

§ 945.44 — Excess funds.

7 CFR § 945.44

This text of 7 C.F.R. § 945.44 (Excess funds.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
7 C.F.R. § 945.44 (2026).

Text

§ 945.44 Excess funds.

(a)The funds remaining at the end of a fiscal period which are in excess of the expenses necessary for committee operations during such period may be carried over, with the approval of the Secretary, into following periods as a reserve. Such reserve shall be established at an amount not to exceed approximately one fiscal period's budgeted expenses. Funds in such reserve shall be available for use by the committee for expenses authorized under § 945.40.
(b)Funds in excess of those placed in the operating reserve shall be credited proportionately against a handler's operations of the following fiscal period, except that if the handler demands payment, such proportionate refund shall be paid to such handler.
(c)Upon termination of this part, any funds not required

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Related

§ 945.40
7 C.F.R. § 945.40

Nearby Sections

11

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Bluebook (online)
7 C.F.R. § 945.44, Counsel Stack Legal Research, https://law.counselstack.com/cfr/7/945/945.44.
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