7 CFR § 1205.307 - Fiscal period.

---
identifier: "/us/cfr/t7/s1205.307"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1205.307 - Fiscal period."
title_number: 7
title_name: "Agriculture"
section_number: "1205.307"
section_name: "Fiscal period."
chapter_name: "AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE"
part_number: "1205"
part_name: "COTTON RESEARCH AND PROMOTION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 2101-2118; 7 U.S.C 7401."
cfr_part: "1205"
---


# 1205.307 Fiscal period.

*Fiscal period* is the 12-month budgetary period and means the calendar year unless the Cotton Board, with the approval of the Secretary, selects some other 12-months budgetary period.

[31 FR 16758, Dec. 31, 1966. Redesignated at 56 FR 64472, Dec. 10, 1991]