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Current as of January 02, 2025 | Updated by Findlaw Staff
Eligible organization means an organization eligible to nominate members of the Board and which meets the following criteria:
(a) Is a nonprofit organization pursuant to section 501(c) (3), (5), or (6) of the Internal Revenue Code (26 U.S.C. 501(c) (3), (5), or (6));
(b) Is governed by a board comprised of a majority of fluid milk processors; and
(c) Represents fluid milk processors on a national basis whose members process more than 50 percent of the fluid milk products processed and marketed within the United States.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1160.114 Eligible organization - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1160-114/
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