Code of Federal Regulations · Section

§ 1216.54 — Operating Reserve

7 C.F.R. § 1216.54

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The Board shall establish an operating monetary reserve and may carry over to subsequent fiscal years excess funds in a reserve so established; Provided, that funds in the reserve shall not exceed any fiscal year's anticipated expenses.

7 C.F.R. § 1216.53 7 C.F.R. § 1216.55

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