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7 U.S.C. § 1742Determination of commodity value for set-aside

submitted 72 years ago by ch. 1041 to r/title-7-AGRICULTURE · 60 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules concerning Determination of commodity value for set-aside.

Quantities of commodities must not be included in the commodity set-aside which have an aggregate value in excess of $2,500,000,000. The value of the commodities placed in the commodity set-aside, for the purpose of this section, must be the Corporation’s investment in such commodities as of the date they are included in the commodity set-aside, as determined by the Secretary.
the actual law source: uscode.house.gov ↗public domain

Quantities of commodities shall not be included in the commodity set-aside which have an aggregate value in excess of $2,500,000,000. The value of the commodities placed in the commodity set-aside, for the purpose of this section, shall be the Corporation’s investment in such commodities as of the date they are included in the commodity set-aside, as determined by the Secretary.

Source credit: (Aug. 28, 1954, ch. 1041, title I, § 102, 68 Stat. 897.)

history & why it existsrecord from the source credit
  • 1954Enacted · Act of Aug. 28, 1954, ch. 1041 · 68 Stat. 897

A history note hasn’t been published yet. The record shows enactment by ch. 1041 on 1954-08-28.

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