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e-CFR data is current as of July 6, 2020

Title 7Subtitle BChapter VIISubchapter DPart 771 → §771.5


Title 7: Agriculture
PART 771—BOLL WEEVIL ERADICATION LOAN PROGRAM


§771.5   Loan purposes.

(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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