Current as of October 03, 2022 | Updated by FindLaw Staff
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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.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1216.54 Operating reserve - last updated October 03, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1216-54.html
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