Continuity and separability of provisions.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (d) (2) If a liquidating agent is so designated, all assets and records of the market administrator shall be transferred promptly to such liquidating agent. If, upon such liquidation, the funds on hand exceed the amounts required to pay outstanding obligations of the office of the market administrator and to pay necessary expenses of liquidation and distribution, such excess shall be distributed to contributing handlers and producers in an equitable manner. (e)

official document · source cfr-2024 · id 7:§ 1000.26