Which of the following is correct about the Code of Federal Regulations?

The Code of Federal Regulations (CFR) is a comprehensive compilation of the final rules and regulations of federal agencies published in the Federal Register. It does not compile proposed regulations that have not been adopted; rather, it includes regulations that are currently in effect. Therefore, the statement about the CFR compiling proposed regulations is inaccurate.

The CFR does not contain judicial opinions regarding federal laws, as those opinions are found in case law and not within the regulatory framework. Additionally, the CFR is specifically focused on federal regulations, not state regulations. State regulations are published separately, typically in state administrative codes. Lastly, the CFR is not a legislative body; it is the result of regulations created by federal agencies as authorized by legislation.

In this context, since the correct statement explains the nature of the CFR accurately, it is vital to understand that the CFR serves to organize and present established federal regulations, ensuring they are accessible to the public and the agencies tasked with enforcing them.