Regulations last checked for updates: Jan 30, 2025

Title 7 - Agriculture last revised: Dec 30, 2025
All TitlesTitle 7Chapter XIPart 1216Subpart A - Subpart A—Peanut Promotion, Research, and Information Order
View all text of Subpart A [§ 1216.1 - § 1216.88]
§ 1216.54 - Operating reserve.

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.

authority: 7 U.S.C. 7411-7425 and 7 U.S.C. 7401.
source: 64 FR 20105, Apr. 23, 1999, unless otherwise noted.
cite as: 7 CFR 1216.54
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