---
kind: "section"
citation: "7 C.F.R. § 1207.344"
title: "7"
number: "1207.344"
heading: "Operating reserve."
url: "https://uscodex.org/cfr/7/1207.344"
---

# §1207.344. Operating reserve.


The Board may establish an operating monetary reserve and may carry over to subsequent fiscal periods excess funds in a reserve so established: Provided, That funds in the reserve shall not exceed approximately two fiscal periods' expenses. Such reserve funds may be used to defray any expenses authorized under this part.


## Notes

### Source

Source: 37 FR 5008, Mar. 9, 1972, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 2611-2627 and 7 U.S.C. 7401.