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Code of Federal Regulations Title 7. Agriculture § 7.771.5 Loan purposes

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) Loan funds may be used for any purpose directly related to boll weevil eradication activities, including, but not limited to:

(1) Purchase or lease of supplies and equipment;

(2) Operating expenses, including but not limited to, travel and office operations;

(3) Salaries and benefits.

(b) Loan funds may not be used to pay expenses incurred for lobbying, public relations, or related activities, or to pay interest on loans from the Agency.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.771.5 Loan purposes - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-771-5/

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