7 CFR 1124.72 - Payments from the producer-settlement fund.

Code of Federal Regulations - Title 7: Agriculture (December 2005)


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TITLE 7 - AGRICULTURE

SUBTITLE B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE

CHAPTER X - AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MILK) DEPARTMENT OF AGRICULTURE

PART 1124 - MILK IN THE PACIFIC NORTHWEST MARKETING AREA

1124.72 - Payments from the producer - settlement fund.

No later than the 18th day after the end of each month (except as provided in 1000.90), the market administrator shall pay to each handler the amount, if any, by which the amount computed pursuant to 1124.71(b) exceeds the amount computed pursuant to 1124.71(a). If, at such time, the balance in the producer-settlement fund is insufficient to make all payments pursuant to this section, the market administrator shall reduce uniformly such payments and shall complete the payments as soon as the funds are available.

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