[Code of Federal Regulations]
[Title 7, Volume 7, Parts 700 to 899]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR729.209]

[Page 194]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 729--PEANUTS--Table of Contents
 
 Subpart B--Poundage Quotas, Notices of Quotas, Transfers, and Release 
                           and Reapportionment
 
Sec. 729.209  Tillable cropland limitation.

    If any person owns a farm for which the basic quota exceeds an 
amount determined by multiplying the larger of the farm yield or the 
highest actual yield for the farm during the base period by the tillable 
cropland on the farm, the person shall take steps, such as the sale of 
quota, the purchase of tillable cropland, the permanent transfer of 
quota, or other similar means that will result in elimination of the 
excess. If such person fails to take such action, the farm's preliminary 
quota for the next year, and the basic quota permanently shall be 
reduced by the amount of the excess.

[56 FR 16211, Apr. 19, 1991. Redesignated at 61 FR 36999, July 16, 1996]