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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Checks or money orders may be deposited into a supervised bank account provided they are not payable:
(1) Solely to the Federal Government or any agency thereof; or
(2) To the Treasury of the United States as a joint payee.
(b) Loan proceeds may be deposited electronically.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.761.52 Deposits into a supervised bank account - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-761-52/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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