legal · go-v.org

Definitions.

CFR · 2024-01-01 · US · Title 7

The following definitions apply to this part and all documents issued in accordance with this part, unless specified otherwise: (1) Has not operated a farm or ranch, or who has operated a farm or ranch for not more than 10 consecutive years, as defined in 7 U.S.C. 1991(a). This requirement applies to all members of an entity; and (2) Will materially and substantially participate in the operation of the farm or ranch. (i) In the case of a contract with an individual, solely, or with the immediate family, material and substantial participation requires that the individual provide substantial day-to-day labor and management of the farm or ranch, consistent with the practices in the county or State where the farm is located. (ii) In the case of a contract with an entity, all members must materially and substantially participate in the operation of the farm or ranch. Material and substantial participation requires that each of the members provide some amount of the management, or labor and management necessary for day-to-day activities, such that if each of the members did not provide these inputs, operation of the farm or ranch would be seriously impaired. (1) The United States holds title as trustee for an Indian or Tribal beneficiary; or (2) An Indian or Tribal beneficiary holds title and the United States maintains a trust relationship. (1) With direct or indirect gross farm sales not more than $100,000 in each of the previous two years (to be increased starting in FY 2004 to

official document · source cfr-2024 · id 7:§ 1469.3