---
kind: "section"
citation: "7 C.F.R. § 761.52"
title: "7"
number: "761.52"
heading: "Deposits into a supervised bank account."
url: "https://uscodex.org/cfr/7/761.52"
---

# §761.52. Deposits into a supervised bank account.

- (a) Checks or money orders may be deposited into a supervised bank account provided they are not payable:
  - (1) Solely to the Federal Government or any agency thereof; or
  - (2) **To the Treasury of the United States as a joint payee.**
- (b) Loan proceeds may be deposited electronically.

## Notes

### Authority

Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.

### Source

Source: 72 FR 63285, Nov. 8, 2007, unless otherwise noted.