7 C.F.R. § 1210.344

Current through September 30, 2024
Section 1210.344 - Operating reserve

The Board may establish an operating monetary reserve and may carry over to subsequent fiscal periods excess funds in a reserve so established; Provided, That funds in the reserve shall not exceed approximately two fiscal periods' expenses. Such reserve funds may be used to defray any expenses authorized under this subpart.

7 C.F.R. §1210.344