{"data":{"id":"us/7-cfr-1425.21","jurisdiction":"us","citation":"7 CFR 1425.21","heading":"Records required.","body":"(a) A CMA shall maintain records for each MAL or LDP commodity showing the quantity:\n(1) Received from each member and nonmember;\n(2) Eligible for MALs and LDPs;\n(3) By quality factors specified in the applicable commodity regulations including class, grade, and quality, where applicable; and\n(4) Of unprocessed inventory broken down by items 1 through 3 above.\n(b) Except as provided in paragraph (c) of this section, inventory must be allocated in the following manner until all inventory in a loan pool is depleted:\n(1) For processed commodities, the pool's inventory must be adjusted when the commodity is withdrawn from inventory for processing; and\n(2) For commodities that are not processed, the pool's inventory must be allocated to the pool and the pool's inventories adjusted when the commodity is shipped.\n(c) Records of loan and non-loan pool dispositions do not have to be maintained separately when sales proceeds from pools are allocated according to the quantity and quality of commodity in the pools.","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 1425—COOPERATIVE MARKETING ASSOCIATIONS"],"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":"c26e197584d62fba6216d98b36b85805881c0609fa6cbe0349aa13fe605880e1","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1425.20","next":"us/7-cfr-1425.22"},"notice":"GroundRules: Original legal text. Not legal advice."}