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7 U.S.C. § 601 — Declaration of conditions

submitted 93 years ago by ch. 25 to r/title-7-AGRICULTURE · 58 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress declares that disruption of orderly interstate commodity exchanges harms farmers, agricultural assets, and normal interstate commerce. It also declares that agricultural-commodity transactions have a national public interest.

Congress declares that disrupting the orderly exchange of commodities in interstate commerce reduces farmers’ purchasing power and destroys the value of agricultural assets that support the national credit structure. Congress also declares that these conditions affect agricultural-commodity transactions with a national public interest and burden and obstruct normal interstate-commerce channels.
the actual law source: uscode.house.gov ↗public domain

It is declared that the disruption of the orderly exchange of commodities in interstate commerce impairs the purchasing power of farmers and destroys the value of agricultural assets which support the national credit structure and that these conditions affect transactions in agricultural commodities with a national public interest, and burden and obstruct the normal channels of interstate commerce.

Source credit: (May 12, 1933, ch. 25, title I, § 1, 48 Stat. 31; June 3, 1937, ch. 296, §§ 1, 2(a), 50 Stat. 246.)

history & why it existsrecord from the source credit
  • 1933Enacted · Act of May 12, 1933, ch. 25 · 48 Stat. 31
  • 1937Amended · Act of June 3, 1937, ch. 296 · 50 Stat. 246

A history note hasn’t been published yet. The record shows enactment by ch. 25 on 1933-05-12.

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