7 C.F.R. § 1421.404

Current through May 31, 2024
Section 1421.404 - Financial security
(a) In order to be approved to handle MALs and LDPs, a DMA must:
(1) Have a current net worth ratio of at least 1:1; and
(2) Provide security equal to $100,000 or a greater amount as determined by CCC.
(b) [Reserved]

7 C.F.R. §1421.404

80 FR 128, Jan. 2, 2015