§1000.70. Producer-settlement fund.
7 C.F.R. § 1000.70
The market administrator shall establish and maintain a separate fund known as the producer-settlement fund into which the market administrator shall deposit all payments made by handlers pursuant to §§ ____.71, ____.76, and ____.77 of each Federal milk order and out of which the market administrator shall make all payments pursuant to §§ ____.72 and ____.77 of each Federal milk order. Payments due any handler shall be offset by any payments due from that handler.
Notes, amendments, and revision history
Authority
Authority: 7 U.S.C. 601-674, and 7253.
Source
Source: 64 FR 47899, Sept. 1, 1999, unless otherwise noted.