GroundRules
50 CFR 253.19: Dual-use CCF.
Where this section sits in the code
- Title 50—Wildlife and Fisheries
- CHAPTER II—NATIONAL MARINE FISHERIES SERVICE, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE
- SUBCHAPTER F—AID TO FISHERIES
- PART 253—FISHERIES ASSISTANCE PROGRAMS
- Subpart B—Fisheries Finance Program
The Program may require the pledge of a CCF account or annual deposits of some portion of the project property's net income into a dual-use CCF. A dual-use CCF provides the normal CCF tax-deferral benefits, but also gives the Program control of CCF withdrawals, recourse against CCF deposits, ensures an emergency refurbishing reserve (tax-deferred) for project property, and provides additional collateral.
Collected 2026-08-27T02:26:39Z. Source file · JSON