§761.52. Deposits into a supervised bank account.
7 C.F.R. § 761.52
Checks or money orders may be deposited into a supervised bank account provided they are not payable:
Solely to the Federal Government or any agency thereof; or
To the Treasury of the United States as a joint payee.
Loan proceeds may be deposited electronically.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.
Source
Source: 72 FR 63285, Nov. 8, 2007, unless otherwise noted.