§985.56. Excess oil. — Inbound Citations
7 C.F.R. § 985.56
Statutory Authority
Cited by 2 regulations in release Current.
Citations to §985.56(a)
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(a) 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.
Citations to §985.56(b)
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(b) 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.