[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1439.340]

[Page 647]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1439_EMERGENCY LIVESTOCK ASSISTANCE--Table of Contents
 
                   Subpart D_Pasture Recovery Program
 
Sec. 1439.340  Payments.

    (a) Payments shall be made available upon a determination by CCC 
that an eligible practice, or an identifiable unit thereof, has been 
established in compliance with the appropriate standards and 
specifications. Payments will be prorated if requests for assistance 
exceed available funding.
    (b) Except as otherwise provided for in this part, payments may be 
made under the PRP only for the cost-effective establishment or 
installation of an eligible practice.
    (c) Payments shall be made in such amount and in accordance with a 
schedule specified in the PRP contract.
    (d) Payment shall be made on a per-acre basis.
    (e) The payment shall be divided among the participants on a single 
contract in the manner agreed upon in such contract.
    (f) The maximum amount of all payments that a person may receive 
under the PRP shall not exceed $2,500. The regulations set forth at part 
1400 of this chapter shall be applicable in making certain eligibility 
and ``person'' determinations as they apply to payment limitations under 
this part.
    (g) Payments shall be limited as needed or appropriate to account 
for mandatory or discretionary limits on payments.