15 U.S.C. § 714 — Creation and purpose of Corporation
submitted 78 years ago by ch. 704 to r/title-15-COMMERCE-AND-TRADE · 100 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
For the purpose of stabilizing, supporting, and protecting farm income and prices, of assisting in the maintenance of balanced and adequate supplies of agricultural commodities, products thereof, foods, feeds, and fibers (hereinafter collectively referred to as “agricultural commodities”), and of facilitating the orderly distribution of agricultural commodities, there is created a body corporate to be known as Commodity Credit Corporation (hereinafter referred to as the “Corporation”), which shall be an agency and instrumentality of the United States, within the Department of Agriculture, subject to the general supervision and direction of the Secretary of Agriculture (hereinafter referred to as the “Secretary”).
Source credit: (June 29, 1948, ch. 704, § 2, 62 Stat. 1070; June 7, 1949, ch. 175, § 1, 63 Stat. 154.)
- 1948Enacted · Act of June 29, 1948, ch. 704 · 62 Stat. 1070
- 1949Amended · Act of June 7, 1949, ch. 175 · 63 Stat. 154
A history note hasn’t been published yet. The record shows enactment by ch. 704 on 1948-06-29.
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