[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1421.405]

[Page 456]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1421_GRAINS AND SIMILARLY HANDLED COMMODITIES_MARKETING ASSISTANCE LOANS 
 
         Subpart E_Designated Marketing Associations for Peanuts
 
Sec.  1421.405  Financial security.

    In order to be approved to handle loans and loan deficiency 
payments, the DMA must:
    (a) Have a current net worth ratio of at least 1:1.
    (b) Provide security equal to $100,000 or a greater amount as 
determined by CCC.