Regulations last checked for updates: Nov 26, 2024

Title 7 - Agriculture last revised: Nov 22, 2024
§ 714.42 - Designation of trustee.

Where there is more than one claimant and all the claimants desire to appoint a trustee to receive and disburse any payment to be made to them with respect to the claim, they shall be permitted to appoint a trustee. The person designated as trustee shall execute the declaration of trust.

authority: Secs. 372, 375, 52 Stat. 65, as amended, 66, as amended; 7 U.S.C. 1372,1375
source: 35 FR 12098, July 29, 1970, unless otherwise noted.
cite as: 7 CFR 714.42