7 CFR § 1216.54 - Operating reserve.

---
identifier: "/us/cfr/t7/s1216.54"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1216.54 - Operating reserve."
title_number: 7
title_name: "Agriculture"
section_number: "1216.54"
section_name: "Operating reserve."
chapter_name: "AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE"
part_number: "1216"
part_name: "PEANUT PROMOTION, RESEARCH, AND INFORMATION ORDER"
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. 7411-7425 and 7 U.S.C. 7401."
regulatory_source: "64 FR 20105, Apr. 23, 1999, unless otherwise noted."
cfr_part: "1216"
---


# 1216.54 Operating reserve.

The Board shall establish an operating monetary reserve and may carry over to subsequent fiscal years excess funds in a reserve so established; *Provided,* that funds in the reserve shall not exceed any fiscal year's anticipated expenses.