2016 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine
Part D - Promotional Programs
Chapter 553 - Passenger and Cargo Preferences
Subchapter II - Export Transportation of Agricultural Commodities
Sec. 55312 - Determining prevailing world market price

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Citation 46 U.S.C. § 55312 (2016)
Section Name §55312. Determining prevailing world market price
Section Text

(a) Agricultural Commodities and Products.—The prevailing world market price for agricultural commodities or their products shall be determined under this subchapter under procedures prescribed by the Secretary of Agriculture. The Secretary shall prescribe the procedures by regulation, with notice and opportunity for public comment under section 553 of title 5.

(b) Services and Non-Agricultural Commodities and Products.—If a determination of the prevailing world market price of any other type of materials, goods, equipment, or service is required to determine whether a barter or exchange transaction is subject to section 55314(b)(6) or (7) of this title, the determination shall be made by the Secretary of Agriculture in consultation with the heads of other appropriate agencies.

Source Credit

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1644.)

Editorial Notes
Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
55312 46 App.:1241f(e). June 29, 1936, ch. 858, title IX, §901b(e), as added Pub. L. 99–198, title XI, §1142, Dec. 23, 1985, 99 Stat. 1492.
Publication Title United States Code, 2012 Edition, Supplement 4, Title 46 - SHIPPING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 46 - SHIPPING
Subtitle V - Merchant Marine
Part D - Promotional Programs
CHAPTER 553 - PASSENGER AND CARGO PREFERENCES
SUBCHAPTER II - EXPORT TRANSPORTATION OF AGRICULTURAL COMMODITIES
Sec. 55312 - Determining prevailing world market price
Contains section 55312
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law Yes
Disposition standard
Statutes at Large References 99 Stat. 1492
120 Stat. 1644
Public Law References Public Law 99-198, Public Law 109-304
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