7 CFR 1220.114 - National nonprofit producer-governed organization.

Code of Federal Regulations - Title 7: Agriculture

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Title 7: Agriculture

Subtitle B: Regulations of the Department of Agriculture (Continued)

CHAPTER XI: AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE

PART 1220: SOYBEAN PROMOTION, RESEARCH, AND CONSUMER INFORMATION

Subpart A: Soybean Promotion and Research Order

: Definitions

1220.114 - National nonprofit producer-governed organization.

The term national nonprofit producer-governed organization means an organization that?

(a) Is a nonprofit organization pursuant to section 501(c) (3), (5) or (6) of the Internal Revenue Code (26 U.S.C. 501(c) (3), (5) and (6)); and

(b) Is governed by a Board of directors of agricultural producers representing soybean producers on a national basis;

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