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15 U.S.C. § 713a–13Policies and procedures for minimum acquisition of stocks by Commodity Credit Corporation, encouragement of marketing through private trade channels and procurement of maximum returns in marketplace for producers and Corporation

submitted 64 years ago by Pub. L. 87-703 to r/title-15-COMMERCE-AND-TRADE · 91 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about policies and procedures for minimum acquisition of stocks by commodity credit corporation, encouragement of marketing through private trade channels and procurement of maximum returns in marketplace for producers and corporation. It assigns the listed duties, powers, limits, or procedures to the people and entities identified in the section.

Congress hereby reconfirms its long-standing policy of favoring the use by governmental agencies of the usual and customary channels, facilities, and arrangements of trade and commerce, and directs the Secretary of Agriculture and the Commodity Credit Corporation to the maximum extent practicable to adopt policies and procedures designed to minimize the acquisition of stocks by the Commodity Credit Corporation, to encourage orderly marketing of farm commodities through private competitive trade channels, both cooperative and noncooperative, and to obtain maximum returns in the marketplace for producers and for the Commodity Credit Corporation.
the actual law source: uscode.house.gov ↗public domain

Congress hereby reconfirms its long-standing policy of favoring the use by governmental agencies of the usual and customary channels, facilities, and arrangements of trade and commerce, and directs the Secretary of Agriculture and the Commodity Credit Corporation to the maximum extent practicable to adopt policies and procedures designed to minimize the acquisition of stocks by the Commodity Credit Corporation, to encourage orderly marketing of farm commodities through private competitive trade channels, both cooperative and noncooperative, and to obtain maximum returns in the marketplace for producers and for the Commodity Credit Corporation.

Source credit: (Pub. L. 87–703, title IV, § 402, Sept. 27, 1962, 76 Stat. 632.)

history & why it existsrecord from the source credit
  • 1962Enacted · Pub. L. 87-703 · 76 Stat. 632

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-703 on 1962-09-27.

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