Transfer of allocation.

CFR · 2024-01-01 · US · Title 7

(a) If a sugarcane processing facility is sold or transferred to another owner or is closed as part of a corporate consolidation CCC will transfer the allotment allocation to the purchaser or successor. (b) In proportionate share States, allocations, based on the number of acres of sugarcane base being transferred and the pro rata amount reflecting the grower's contribution to allocation of the processor for the sugarcane base being transferred, will be transferred between facilities if the transfers are based on: (1) Written consent of the crop-share owners, or their representatives, (2) Written certification from the processor that will accept the additional sugarcane deliveries that its processing capacity will not be exceeded, (3) CCC will only consider requests for transfer of allocation submitted during the month of May. The request must include the grower's sugar production history for crop years 1997 through 2003. The facility with the grower's history will be required to certify the history when requested by the grower, and (4) Allocation transfers will be effective for the next fiscal year after the request is submitted to CCC, that is beginning October 1. (c) If a sugar beet processing facility or a sugarcane processing facility located in a non-proportionate share State is closed, and the growers that delivered their crops to the closed facility elect to deliver their crops to another processor, the growers may petition the Executive Vice President, CCC, to transf

official document · source cfr-2024 · id 7:§ 1435.307