7 CFR 1425.10 - Financial ratio requirement.

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§ 1425.10 Financial ratio requirement.

To be financially able to make advances to their members and to market their commodities, CMA's must have a current ratio of at least 1 dollar of current assets for each 1 dollar of current liabilities (current ratio of 1:1 or better) on the balance sheet it submits to CCC with its initial application or annual recertification required in § 1425.4.

[ 63 FR 17312, Apr. 9, 1998, as amended at 80 FR 131, Jan. 2, 2015]

Title 7 published on 2015-08-22.

No entries appear in the Federal Register after this date, for 7 CFR Part 1425.