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e-CFR data is current as of November 23, 2020

Title 7Subtitle BChapter XIPart 1212Subpart A → §1212.54


Title 7: Agriculture
PART 1212—HONEY PACKERS AND IMPORTERS RESEARCH, PROMOTION, CONSUMER EDUCATION AND INDUSTRY INFORMATION ORDER
Subpart A—Honey Packers and Importers Research, Promotion, Consumer Education, and Industry Information Order


§1212.54   Operating reserve.

The Board may establish an operating monetary reserve and may carry over to subsequent fiscal periods excess funds in any reserve so established: Provided that the funds in the reserve do not exceed one fiscal period's budget. Subject to approval by the Department, such reserve funds may be used to defray any expenses authorized under this part.

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