Current as of October 03, 2022 | Updated by FindLaw Staff
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(a) Pursuant to § 985.56(a), before December 1 of each marketing year, a producer, following notification of the Committee, may transfer excess oil to another producer to enable that producer to fill a deficiency in that producer's annual allotment.
(b) Pursuant to § 985.56(b), before December 1 of each marketing year, excess oil not used to fill another producer's deficiency shall be delivered to the Committee or its designees for storage.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.985.156 Transfer of excess oil by producers - last updated October 03, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-985-156.html
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