7 U.S.C. · Agriculture
7 U.S.C. § 1747

Authorization of appropriations; determination of value of transferred commodity

Ch. 42 — AGRICULTURAL COMMODITY SET-ASIDE
Title 7 U.S.C. ● ACTIVE Primary Source Ch. 42
Statutory Text

7 U.S.C. § 1747 — Authorization of appropriations; determination of value of transferred commodity

U.S.C. Title 7 - AGRICULTURE 7 U.S.C. United States Code, 2023 Edition Title 7 - AGRICULTURE CHAPTER 42 - AGRICULTURAL COMMODITY SET-ASIDE Sec. 1747 - Authorization of appropriations; determination of value of transferred commodity From the U.S. Government Publishing Office, www.gpo.gov

§1747. Authorization of appropriations; determination of value of transferred commodity

In order to make payment to the Commodity Credit Corporation for any commodities transferred to the national stockpile pursuant to section 1743(a)(4) of this title, there are authorized to be appropriated amounts equal to the value of any commodities so transferred. The value of any commodity so transferred, for the purpose of this section, shall be the lower of the domestic market price or the Commodity Credit Corporation's investment therein as of the date of transfer to the stockpile, as determined by the Secretary of Agriculture

(Aug. 28, 1954, ch. 1041, title I, §107, 68 Stat. 898.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 7 U.S.C. § 1747 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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