2010 US Code
Title 7 - AGRICULTURE
CHAPTER 42 - AGRICULTURAL COMMODITY SET-ASIDE
Sec. 1747 - Authorization of appropriations; determination of value of transferred commodity
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 4, Title 7 - AGRICULTURE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 7 - AGRICULTURE CHAPTER 42 - AGRICULTURAL COMMODITY SET-ASIDE Sec. 1747 - Authorization of appropriations; determination of value of transferred commodity |
| Contains | section 1747 |
| Date | 2010 |
| Laws in Effect as of Date | January 7, 2011 |
| Positive Law | No |
| Disposition | transferred |
| Source Credit | Aug. 28, 1954, ch. 1041, title I, §107, 68 Stat. 898. |
| Statutes at Large Reference | 68 Stat. 898 |
§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.)
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