---
kind: "section"
citation: "7 C.F.R. § 1260.149"
title: "7"
number: "1260.149"
heading: "Powers of the Board."
url: "https://uscodex.org/cfr/7/1260.149"
---

# §1260.149. Powers of the Board.


The Board shall have the following powers:

- (a) To administer the provisions of this subpart in accordance with its terms and provisions;
- (b) To make rules and regulations to effectuate the terms and provisions of this subpart;
- (c) To receive or initiate, investigate, and report to the Secretary complaints of violations of the provisions of this subpart;
- (d) To adopt such rules for the conduct of its business as it may deem advisable;
- (e) To recommend to the Secretary amendments to this subpart; and
- (f) With the approval of the Secretary, to invest, pending disbursement pursuant to a plan or project, funds collected through assessments authorized under [§ 1260.172](/cfr/7/1260.172.md), in, and only in, obligations of the United States or any agency thereof, in general obligations of any State or any political subdivision thereof, in any interest-bearing account or certificate of deposit of a bank that is a member of the Federal Reserve System, or in obligations fully guaranteed as to principal and interest by the United States.

## Notes

### Source

Source: 51 FR 26138, July 18, 1986, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 2901-2911 and 7 U.S.C. 7401.