[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: 7CFR1465.21]

[Page 677-678]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1465_AGRICULTURAL MANAGEMENT ASSISTANCE--Table of Contents
 
                           Subpart B_Contracts
 
Sec. 1465.21  Contract requirements.

    (a) In order for a participant to receive cost-share payments, the 
participant shall enter into a contract agreeing to implement eligible 
conservation practices.
    (b) An AMA contract will:
    (1) Incorporate by reference all portions of a unit applicable to 
the AMA Program;
    (2) Be for a duration of 3 to 10 years;
    (3) Incorporate all provisions as required by law or statute, 
including participant requirements to:
    (i) Not conduct any practices on the farm or ranch unit of concern 
that would tend to defeat the purposes of the contract according to 
Sec. 1465.25;
    (ii) Refund any AMA Program payments received with interest, and 
forfeit any future payments under the AMA Program, on the violation of a 
term or condition of the contract, consistent with the provisions of 
Sec. 1465.25;
    (iii) Refund all AMA Program payments received on the transfer of 
the right and interest of the producer in land subject to the contract, 
unless the

[[Page 678]]

transferee of the right and interest agrees to assume all obligations of 
the contract, consistent with the provisions of Sec. 1465.24; and
    (iv) Supply information as required by NRCS to determine compliance 
with the contract and requirements of the AMA Program.
    (4) Specify the participant's requirements for operation and 
maintenance of the applied conservation practices consistent with the 
provisions of Sec. 1465.22; and
    (5) Any other provision determined necessary or appropriate by NRCS.
    (c) The participant must apply the practice(s) according to the 
schedule set out in the contract or conservation plan.