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§102-37.180. Use of service charge funds.

41 C.F.R. § 102-37.180

Funds accumulated from service charges may be deposited, invested, or used in accordance with State law to:
(a)
Cover direct and reasonable indirect costs of operating the SASP;
(b)
Purchase necessary equipment for the SASP;
(c)
Maintain a reasonable working capital reserve;
(d)
Rehabilitate surplus property, including the purchase of replacement parts;
(e)
Acquire or improve office or distribution center facilities; or
(f)
Pay for the costs of internal and external audits.
Notes, amendments, and revision history

Authority

Authority: 40 U.S.C. 549 and 121(c).

Source

Source: 90 FR 58444, Dec. 16, 2025, unless otherwise noted.