7 CFR 771.5 – Loan purposes
Current as of: 2024 | Check for updates
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(a) Loan funds may be used for any purpose directly related to boll weevil eradication activities, including, but not limited to:
(1) Purchase or lease of supplies and equipment;
(2) Operating expenses, including but not limited to, travel and office operations;
(3) Salaries and benefits.
(b) Loan funds may not be used to pay expenses incurred for lobbying, public relations, or related activities, or to pay interest on loans from the Agency.