7 CFR § 714.42 - Designation of trustee.

---
identifier: "/us/cfr/t7/s714.42"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 714.42 - Designation of trustee."
title_number: 7
title_name: "Agriculture"
section_number: "714.42"
section_name: "Designation of trustee."
chapter_name: "FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE"
subchapter_number: "B"
subchapter_name: "FARM MARKETING QUOTAS, ACREAGE ALLOTMENTS, AND PRODUCTION ADJUSTMENT"
part_number: "714"
part_name: "REFUNDS OF PENALTIES ERRONEOUSLY, ILLEGALLY, OR WRONGFULLY COLLECTED"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Secs. 372, 375, 52 Stat. 65, as amended, 66, as amended; 7 U.S.C. 1372, 1375."
regulatory_source: "35 FR 12098, July 29, 1970, unless otherwise noted."
cfr_part: "714"
---


# 714.42 Designation of trustee.

Where there is more than one claimant and all the claimants desire to appoint a trustee to receive and disburse any payment to be made to them with respect to the claim, they shall be permitted to appoint a trustee. The person designated as trustee shall execute the declaration of trust.