7 U.S.C. § 453 — Authority and duties of division

submitted 100 years ago by ch. 725 to r/title-7-AGRICULTURE · 354 words · no verdicts yet

in plain englishAI-generated · not legal advice

A government division helps farm groups that market products together, called cooperatives. It studies and shares information about how cooperatives work and organize. It also advises groups thinking about starting a cooperative.

(a) The division helps associations of farm producers, and their federations and subsidiaries, that jointly market agricultural products. This covers cooperative work like processing, warehousing, manufacturing, storage, buying farm supplies together, credit, financing, insurance, and other cooperative activities. (b) The division may: (1) Gather, study, and share economic, statistical, and historical information about how cooperative associations in the U.S. and other countries are organized and run. (2) Study the economic, legal, financial, social, and other sides of cooperation, and publish what it finds — including analysis of how cooperatives are organized and their financial and sales problems. (3) If it decides to, review the accounts and business practices of cooperative associations that request it; report the results back to that association; and, with that association's consent, publish a summary of the results — along with similar facts — to guide other cooperatives and help them improve their business and market analysis. (4) If it decides to, meet with and advise producers who may want to form a cooperative, and study the economics of producing and marketing whatever product the new cooperative would handle. (5) Collect information from any available source about crop outlooks, supply, demand, current receipts, exports, imports, and prices for products that cooperatives handle or market. It can hire qualified marketing specialists to summarize and study this information and share it with cooperatives and others. (6) Promote knowledge of cooperative principles and practices, working with schools, marketing agencies, cooperative associations, and others to spread that knowledge. (7) Conduct special studies, in the U.S. and other countries, and gather and share information and findings that could help develop and practice cooperation.

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

(a)

The division shall render service to associations of producers of agricultural products, and federations and subsidiaries thereof, engaged in the cooperative marketing of agricultural products, including processing, warehousing, manufacturing, storage, the cooperative purchasing of farm supplies, credit, financing, insurance, and other cooperative activities.

(b)

The division is authorized—

(1)

To acquire, analyze, and disseminate economic, statistical, and historical information regarding the progress, organization, and business methods of cooperative associations in the United States and foreign countries.

(2)

To conduct studies of the economic, legal, financial, social, and other phases of cooperation, and publish the results thereof. Such studies shall include the analyses of the organization, operation, financial and merchandising problems of cooperative associations.

(3)

To make surveys and analyses if deemed advisable of the accounts and business practices of representative cooperative associations upon their request; to report to the association so surveyed the results thereof; and with the consent of the association so surveyed to publish summaries of the results of such surveys, together with similar facts, for the guidance of cooperative associations and for the purpose of assisting cooperative associations in developing methods of business and market analysis.

(4)

To confer and advise with committees or groups of producers, if deemed advisable, that may be desirous of forming a cooperative association and to make an economic survey and analysis of the facts surrounding the production and marketing of the agricultural product or products which the association, if formed, would handle or market.

(5)

To acquire from all available sources information concerning crop prospects, supply, demand, current receipts, exports, imports, and prices of the agricultural products handled or marketed by cooperative associations, and to employ qualified commodity marketing specialists to summarize and analyze this information and disseminate the same among cooperative associations and others.

(6)

To promote the knowledge of cooperative principles and practices and to cooperate, in promoting such knowledge, with educational and marketing agencies, cooperative associations, and others.

(7)

To make such special studies, in the United States and foreign countries, and to acquire and disseminate such information and findings as may be useful in the development and practice of cooperation.

Source credit: (July 2, 1926, ch. 725, § 3, 44 Stat. 802.)

history & why it existsrecord from the source credit

1926Enacted · Act of July 2, 1926, ch. 725 · 44 Stat. 802

A history note hasn’t been published yet. The record shows enactment by ch. 725 on 1926-07-02.

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