7 USC 1441-1a - Marketing certificates for rice

U.S Code last checked for updates: Apr 28, 2024

§ 1441–1a.

Marketing certificates for rice

(a)

Authority of Commodity Credit Corporation to issue negotiable marketing certificates

(b)

Determination of value of certificates

The value of each certificate issued under subsection (a) shall be based on the difference between—

(1)

the loan repayment rate for the class of rice; and

(2)

the prevailing world market price for the class of rice, as determined by the Secretary of Agriculture under a published formula submitted for public comment before its adoption.

(c)

Commodity Credit Corporation assistance in redemption, marketing, or exchange of certificates

(d)

Exchange of certificates for commodities and products

(e)

Prevention of adverse effects

(f)

Transfer of certificates

(Pub. L. 99–198, title VI, § 603, Dec. 23, 1985, 99 Stat. 1429.)

cite as: 7 USC 1441-1a