Code of Federal Regulations · Section
§ 1221.114 — Operating Reserve
7 C.F.R. § 1221.114
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The Board may establish an operating monetary reserve and may carry over to subsequent fiscal period excess funds in a reserve so established, provided that funds in the reserve shall not exceed one fiscal period's anticipated expenses.
Authorizing Statute
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Commodity promotion and evaluation7 U.S.C. § 7401