{"data":{"id":"us/7-cfr-1421.404","jurisdiction":"us","citation":"7 CFR 1421.404","heading":"Financial security.","body":"(a) In order to be approved to handle MALs and LDPs, a DMA must:\n(1) Have a current net worth ratio of at least 1:1; and\n(2) Provide security equal to $100,000 or a greater amount as determined by CCC.\n(b) [Reserved]","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XIV—COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE","SUBCHAPTER B—LOANS, PURCHASES, AND OTHER OPERATIONS","PART 1421—GRAINS AND SIMILARLY HANDLED COMMODITIES—MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS","Subpart E—Designated Marketing Associations for Peanuts"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"f5ee906d37e3fd02c92af235b61dd1995adc7afe290ac3700b56f6c232f4dc72","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1421.403","next":"us/7-cfr-1421.405"},"notice":"GroundRules: Original legal text. Not legal advice."}
