§985.156. Transfer of excess oil by producers.
7 C.F.R. § 985.156
Pursuant to § 985.56(a), before December 1 of each marketing year, a producer, following notification of the Committee, may transfer excess oil to another producer to enable that producer to fill a deficiency in that producer's annual allotment.
Pursuant to § 985.56(b), before December 1 of each marketing year, excess oil not used to fill another producer's deficiency shall be delivered to the Committee or its designees for storage.
Notes, amendments, and revision history
Amendments
[78 FR 9577, Feb. 11, 2013]
Authority
Authority: 7 U.S.C. 601-674.
Source
Source: 45 FR 25040, Apr. 14, 1980, unless otherwise noted.
Amendments
[78 FR 9577, Feb. 11, 2013]