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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - 7 U.S.C. § 1379e - U.S. Code - Unannotated Title 7. Agriculture § 1379e. Assistance in purchase and sale of marketing certificates; regulations; administrative expenses; interest - last updated January 01, 2024 | https://codes.findlaw.com/us/title-7-agriculture/7-usc-sect-1379e/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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