Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 1425  /  Sec. 1425.10 Financial ratio requirement.

To be financially able to make advances to their members and to market their commodities, CMA's shall have a current ratio of at least 1 dollar of current assets for each 1 dollar of current liabilities (current ratio of 1:1 or better) on the balance sheet it submits to CCC with its initial application or annual recertification required in Sec. 1425.4. Sec. Sec. 1425.11-1425.12 [Reserved]