[Code of Federal Regulations]
[Title 7, Volume 8]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR984]

[Page 567]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER IX--AGRICULTURAL MARKETING SERVICE (Marketing Agreements and 
      Orders; Fruits, Vegetables, Nuts), DEPARTMENT OF AGRICULTURE
 
PART 984_WALNUTS GROWN IN CALIFORNIA--Table of Contents
 
                    Subpart_Order Regulating Handling
 
Sec.  984.54  Establishment of obligation.

    (a) Reserve obligation. Whenever free and reserve percentages are in 
effect for a marketing year, each handler shall withhold a kernelweight 
of certified merchantable walnuts equal to a quantity derived by the 
application of the reserve percentage to the kernelweight of 
merchantable walnuts certified. The kernelweight of certified 
merchantable walnuts which handlers are required to withhold shall be 
the ``reserve obligation.'' The walnuts handled for use as free walnuts 
by any handler in accordance with the provisions of this part shall be 
deemed to be that handler's quota fixed by the Secretary within the 
meaning of section 8(a)(5) of the act.
    (b) Holding requirements. Each handler shall at all times hold in 
his possession or under his control in proper storage the kernelweight 
of certified merchantable walnuts necessary to meet his reserve 
obligation less: (1) Any quantity which was disposed of by him pursuant 
to Sec.  984.56; and (2) any quantity for which he is otherwise relieved 
by the Board of responsibility to so hold walnuts.

[41 FR 31543, July 29, 1976]