2006 Code of Virginia § 3.1-66 - Creation and purpose
3.1-66. Creation and purpose.
In order to promote the general welfare by promoting the efficient andeconomic handling of farm and food products at wholesale in the interests ofthe grower, the food trade and the consuming public; in order to reducegreatly increasing marketing costs of food, excessive waste and spoilage; andin order to combat reduced prices to producers and increased costs toconsumers caused by inadequate and obsolete market facilities, there ishereby created a special loan fund to be known as the Produce Market LoanFund.
The purpose of this fund is to provide equity capital for the construction ofwholesale produce markets within the Commonwealth.
(Code 1950, 3-79.20; 1954, c. 453; 1966, c. 702.)
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