7 U.S.C. § 198 — Definitions
submitted 105 years ago by Pub. L. 106-78 to r/title-7-AGRICULTURE · 237 words · no verdicts yet
This section defines eight key terms used in this part of the law on swine and pork. These include "market," "packer," "pork," "pork product," "State," "swine," and "type of contract." Any other undefined terms follow the meanings given in two other named sections.
Except where section 198b(a) of this title provides otherwise, this part uses these definitions:
(1) "Market" means the sale or disposition of swine, pork, or pork products in commerce*.
(2) "Packer" has the meaning given in section 1635i of this title.
(3) "Pork" means the meat of a porcine (pig-family) animal.
(4) "Pork product" means a product or byproduct made, wholly or partly, from pork.
(5) "State" means each of the 50 states.
(6) "Swine" means a porcine animal raised as a feeder pig, raised for seedstock, or raised for slaughter.
(7) "Type of contract" means the classification of contracts or risk management agreements to buy swine. This classification looks at: (A) the mechanism used to set the base price for swine committed to a packer, grouped by the Secretary* into practical categories (such as swine or pork market formula purchases, other market formula purchases, and other purchase arrangements); and (B) whether the deal has an accrual account or ledger that the producer or packer benefiting from the contract's pricing mechanism must repay, measured against negotiated prices.
(8) Except as provided in this part, any other term has the meaning given in section 1635a or 1635i of this title.
Except as provided in section 198b(a) of this title, in this part:
The term “market” means the sale or disposition of swine, pork, or pork products in commerce*.
The term “pork” means the meat of a porcine animal.
The term “pork product” means a product or byproduct produced or processed in whole or in part from pork.
The term “State” means each of the 50 States.
The term “swine” means a porcine animal raised to be a feeder pig, raised for seedstock, or raised for slaughter.
The term “type of contract” means the classification of contracts or risk management agreements for the purchase of swine by—
the mechanism used to determine the base price for swine committed to a packer, grouped into practicable classifications by the Secretary* (including swine or pork market formula purchases, other market formula purchases, and other purchase arrangements); and
the presence or absence of an accrual account or ledger that must be repaid by the producer or packer that receives the benefit of the contract pricing mechanism in relation to negotiated prices.
Except as provided in this part, a term has the meaning given the term in section 1635a or 1635i of this title.
Source credit: (Aug. 15, 1921, ch. 64, title II, § 221, as added Pub. L. 106–78, title IX, § 934(2), Oct. 22, 1999, 113 Stat. 1208.)
- 1921Enacted · Pub. L. 106-78 · 113 Stat. 1208
A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-78 on 1921-08-15.
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