February 17, 2010
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In early January, 2010, the United States Department of Agriculture published a final rule for farm program payment eligibility and payment limitation requirements for 2010 and later crop years. The final rule makes several changes to the interim rule with a key change involving an exception for contributions by members of entities. That change has implications for farming operations structured as multiple entities.
FSA Clarifies Rules on Inactive Members in Business Entities (PDF)