Transfer, segregation and investment of reserve
Compiled text through Sep 15, 2021
Register checked through Jul 29, 2026
No later Register activity identified in this check.
Dates and status
- Compiling agency
- Executive Department
- Text status
- Source receipt
- Compiled text through
- Sep 15, 2021
- Register checked through
- July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
- Activity status
- No later Register activity identified in this check.
- Source snapshot
- Jun 6, 2026
At the end of each calendar quarter, the provision for replacements as per Table II of the schedule of replacement reserve requirements shall be transferred from the administration fund to the reserve fund, as directed in section 1647-4.5. It is preferable that expenditures for replacements be made directly from the reserve fund, but they may also be made from the administration fund, in which case the administration fund shall be reimbursed not later than the end of the quarter in which the expenditure was made. The segregation and investment of the reserve are discussed in Subpart 1647-5, to which reference should be made.