[Code of Federal Regulations]

[Title 7, Volume 15]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 7CFR3015.11]



[Page 107]

 

                          TITLE 7--AGRICULTURE

 

                         CHAPTER XXX--OFFICE OF

                      THE CHIEF FINANCIAL OFFICER,

                        DEPARTMENT OF AGRICULTURE

 

PART 3015_UNIFORM FEDERAL ASSISTANCE REGULATIONS--Table of Contents

 

                       Subpart B_Cash Depositories

 

Sec. 3015.11  Separate bank accounts.



    A separate bank account shall be required when applicable letter of 

credit agreements provide that funds will not be drawn until the 

recipient's checks are presented to the bank for payment.



[[Page 108]]