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Federal law — U.S. Code and appendices · legal_authorities
This chapter shall be known by the short title of “United States Cotton Standards Act.”
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Source file: Laws/federal/codes/united-states-code/title-7/section-51-short-title--255f7406c3.md
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Source location: Title 7, Chapter 2, § 51; chapter-002-cotton-standards.md
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Short title** This section may be cited as the “United States Cotton Futures Act”. **(b) Omitted** **(c) Definitions** For purposes of this section— (1) **Cotton futures contract** — The term “cotton futures contract” means any contract of sale of cotton for future delivery made at, on, or in any exchange, board of trade, or similar institution or place of business which has been designated a “contract market” by the Commodity Futures Trading Commission pursuant to the Commodity Exchange Act [[7 U.S.C. 1](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1&num=0&edition=prelim) et seq.] and the term “contract of sale” as so used shall be held to include sales, agreements of sale, and agreements to sell, except that— (A) any cotton futures contract that, by its terms, is settled in cash is excluded from the coverage of this paragraph and section; and (B) any cotton futures contract that permits tender of cotton grown outside of the United States is excluded from the coverage of this paragraph and section to the extent that the cotton grown outside of the United States is tendered for delivery under the cotton futures contract. (2) **Future delivery** — The term “future delivery” shall not include any cash sale of cotton for deferred shipment or delivery. (3) **Person** — The term “person” includes an individual, trust, estate, partnership, association, company, or corporation. (4) **Secretary** — The term “Secretary” means the Secretary of Agriculture of the United States. (5) **Standards** — The term “standards” means the official cotton standards of the United States established by the Secretary pursuant to the United States Cotton Standards Act, as amended [[7 U.S.C. 51](https://uscode.house.gov/view.xhtml?req=granuleid:USC-
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 15b
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Federal law — U.S. Code and appendices · legal_authorities
The Secretary of Agriculture shall hold annual meetings with representatives of the cotton industry to review (1) activities and operations under the Cotton Standards Act [[7 U.S.C. 51](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section51&num=0&edition=prelim) et seq.], and the Cotton Statistics and Estimates Act [[7 U.S.C. 471](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section471&num=0&edition=prelim) et seq.], (2) activities and operations relating to cotton under the United States Warehouse Act [[7 U.S.C. 241](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section241&num=0&edition=prelim) et seq.], and (3) the effect of such activities and operations on prices received by producers and sales to domestic and foreign users, for the purpose of improving procedures for financing and administering such activities and operations for the benefit of the industry and the Government. Notwithstanding any other provision of law, the Secretary shall take such action as may be necessary to insure that the universal cotton standards system and the licensing and inspection procedures for cotton warehouses are preserved and that the Government cotton classification system continues to operate so that the United States cotton crop is provided an official quality description.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 61a
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Federal law — U.S. Code and appendices · legal_authorities
Page 159 TITLE 7—AGRICULTURE § 52 CHAPTER 2—COTTON STANDARDS Sec. 51. Short title. 51a. Extension of classification facilities to cotton growers. 51a–1. Contracts with cooperatives furnishing classers; amount and type of payment. 51b. Licensing samplers; revocation and suspen- sion of license. 52. Use of nonofficial standards prohibited; sales by sample excepted. 53. Licensing classifiers; revocation and suspen- sion of license. 54. Classification by Department of Agriculture; certification thereof; effect of certificate; regulations for classification. 55. Fees and charges for cotton classing and re- lated services; criteria; disposition of mon- eys and samples. 56. Establishment of cotton standards; furnishing copies of established standards sold. 57. Disposition of proceeds of sale of cotton and of copies of standards. 57a. Agreements with cotton associations, etc., in foreign countries to establish cotton stand- ards. 58. General inspection and sampling of cotton. 59. Offenses in relation to cotton standards. 60. Penalties for violations. 61. General regulations, investigations, tests, etc., by Secretary. 61a. Annual review meetings with cotton industry representatives; purposes, etc. 62. Definitions. 63. Liability of principal for act of agent. 64. Appropriation for expenses; appointment by Secretary of officers and agents; compensa- tion. 65. Separability. § 51. Short title This chapter shall be known by the short title of ‘‘United States Cotton Standards Act.’’ (Mar. 4, 1923, ch. 288, § 1, 42 Stat. 1517.) Statutory Notes and Related Subsidiaries EFFECTIVE DATE Act Mar. 4, 1923, ch. 288, § 14, 42 Stat. 1520, provided: ‘‘That this Act [enacting this chapter] shall become ef- fective on and after August 1,
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 51
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