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7 U.S.C. § 1379eAssistance in purchase and sale of marketing certificates; regulations; administrative expenses; interest

submitted 88 years ago by Pub. L. 87-703 to r/title-7-AGRICULTURE · 114 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

For the purpose of facilitating the purchase and sale of marketing certificates, the Commodity Credit Corporation is authorized to issue, buy, and sell marketing certificates in accordance with regulations prescribed by the Secretary. Such regulations may authorize the Corporation to issue and sell certificates in excess of the quantity of certificates which it purchases. Such regulations may authorize the Corporation in the sale of marketing certificates to charge, in addition to the face value thereof, an amount determined by the Secretary to be appropriate to cover estimated administrative costs in connection with the purchase and sale of the certificates and estimated interest incurred on funds of the Corporation invested in certificates purchased by it.

Source credit: (Feb. 16, 1938, ch. 30, title III, § 379e, as added Pub. L. 87–703, title III, § 324(2), Sept. 27, 1962, 76 Stat. 628; amended Pub. L. 89–321, title V, § 516, Nov. 3, 1965, 79 Stat. 1206; Pub. L. 90–559, § 1(6), Oct. 11, 1968, 82 Stat. 996; Pub. L. 91–524, title IV, § 403(a)(3), Nov. 30, 1970, 84 Stat. 1366.)

history & why it existsrecord from the source credit
  • 1938Enacted · Pub. L. 87-703 · 76 Stat. 628
  • 1965Amended · Pub. L. 89-321 · 79 Stat. 1206
  • 1968Amended · Pub. L. 90-559 · 82 Stat. 996
  • 1970Amended · Pub. L. 91-524 · 84 Stat. 1366

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-703 on 1938-02-16.

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