7 CFR § 27.99 Cotton Classification Under Cotton Futures Legislation

§ 27.99 Values; expression.

Current through Jul 29, 2026 · Read all of Part 27

For the purpose of this subpart values shall be expressed in terms of cents and hundredths of a cent. A fraction of a hundredth, when equal to, or greater than, the half thereof, shall be treated as a hundredth, and when less than a half of a hundredth shall be disregarded.

[22 FR 10923, Dec. 28, 1957; 30 FR 7239, May 29, 1965. Redesignated at 53 FR 29328, Aug. 4, 1988]

← § 27.98 Value of grade where no sale; determination.§ 27.100 Administration. →