---
kind: "section"
citation: "7 C.F.R. § 1421.417"
title: "7"
number: "1421.417"
heading: "Disbursing MAL and LDP proceeds."
url: "https://uscodex.org/cfr/7/1421.417"
---

# §1421.417. Disbursing MAL and LDP proceeds.

- (a) A DMA may request that CCC establish a drawdown account from which to disburse MAL and LDP amounts to producers and designate the financial institution they wish to use.
- (b) CCC will determine whether a drawdown account is justified and the amount of the account.
- (c) If there is no drawdown account, MAL and LDP proceeds are to be distributed to the producer within 3 work days from the date the DMA receives MAL or LDP proceeds from CCC, after deduction of authorized charges or fees for services. If there is a drawdown account, the MAL and LDP proceeds are to be distributed to the producer within 3 days of the completion of the application.
- (d) **The DMA is to assess charges and fees at the same rate for each producer that it serves.**
- (e) If a drawdown account is used, CCC will replenish the amount as necessary as it is drawn down.
- (f) The DMA must notify CCC of the actual date on which the MAL is disbursed.

## Notes

### Amendments

[70 FR 33799, June 10, 2005. Redesignated at 74 FR 15656, Apr. 7, 2009; 80 FR 129, 130, Jan. 2, 2015; 86 FR 70706, Dec. 13, 2021]

### Source

Source: 70 FR 33799, June 10, 2005, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 9031-9040 and 15 U.S.C. 714b and c.

### Amendments

[70 FR 33799, June 10, 2005. Redesignated at 74 FR 15656, Apr. 7, 2009; 80 FR 129, 130, Jan. 2, 2015; 86 FR 70706, Dec. 13, 2021]