§1160.114. Eligible organization.
7 C.F.R. § 1160.114
Eligible organization means an organization eligible to nominate members of the Board and which meets the following criteria:
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), or (6));
Is governed by a board comprised of a majority of fluid milk processors; and
Represents fluid milk processors on a national basis whose members process more than 50 percent of the fluid milk products processed and marketed within the United States.
Notes, amendments, and revision history
Source
Source: 58 FR 62503, Nov. 29, 1993, unless otherwise noted.
Authority
Authority: 7 U.S.C. 6401-6417 and 7 U.S.C. 7401.
Source
Source: 58 FR 46763, Sept. 3, 1993, unless otherwise noted.