7 CFR 981.50 : Reserve obligation.

1 Jan 2003
§ 981.50 Reserve obligation.

Whenever salable and reserve percentages are in effect for a , each shall withhold from handling a quantity of having a equal to the reserve percentage of the of all such receives for his own account during the crop year: Provided, That, any quantity of delivered to outlets such as poultry or animal feed or crushing into oil, in a manner permitting accountability to the , shall not be included in such receipts. The quantity of hereby required to be withheld from handling shall constitute, and may be referred to as the “reserve” or “reserve obligation” of a . The handled as by any , in accordance with the provisions of this , shall be deemed to be that 's quota fixed by the within the meaning of section 8a(5) of the .

[ 41 FR 26853, June 30, 1976]