2011 US Code
Title 7 - Agriculture
Chapter 42 - AGRICULTURAL COMMODITY SET-ASIDE (§§ 1741 - 1749)
Section 1747 - Authorization of appropriations; determination of value of transferred commodity

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Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 7 - AGRICULTURE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 7 - AGRICULTURE
CHAPTER 42 - AGRICULTURAL COMMODITY SET-ASIDE
Sec. 1747 - Authorization of appropriations; determination of value of transferred commodity
Containssection 1747
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositiontransferred
Source CreditAug. 28, 1954, ch. 1041, title I, §107, 68 Stat. 898.
Statutes at Large Reference68 Stat. 898

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7 USC § 1747 (2011)
§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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