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7 U.S.C. § 1445b–4 — Transferred

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1445b–4 — Transferred

### Statutory Notes #### Codification Section, act Oct. 31, 1949, ch. 792, title I, § 107E, as added Dec. 23, 1985, Pub. L. 99–198, title X, § 1005, 99 Stat. 1448, and amended, which related to payments in commodities, was renumbered section 115 of act Oct. 31, 1949, by Pub. L. 101–624, title XI, § 1161(a)(1), Nov. 28, 1990, 104 Stat. 3520, and transferred to [section 1445k of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1445k&num=0&edition=prelim).

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Source location: Title 7, Chapter 35A, § 1445b–4; chapter-35a-price-support-of-agricultural-commodities.md

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1445k — Payments in commodities

**(a) In-kind payments by Secretary** In making in-kind payments under any of the annual programs for wheat, feed grains, upland cotton, or rice (other than negotiable marketing certificates for upland cotton or rice), the Secretary may— (1) acquire and use like commodities that have been pledged to the Commodity Credit Corporation as security for price support loans, including loans made to producers under [section 1445e of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1445e&num=0&edition=prelim); and (2) use other like commodities owned by the Commodity Credit Corporation. **(b) Methods of payments** The Secretary may make in-kind payments— (1) by delivery of the commodity to the producer at a warehouse or other similar facility, as determined by the Secretary; (2) by the transfer of negotiable warehouse receipts; (3) by the issuance of negotiable certificates which the Commodity Credit Corporation shall redeem for a commodity in accordance with regulations prescribed by the Secretary; or (4) by such other methods as the Secretary determines appropriate to enable the producer to receive payments in an efficient, equitable, and expeditious manner so as to ensure that the producer receives the same total return as if the payments had been made in cash. **(c) Commodity certificates** The Secretary shall pay interest on the cash redemption of a commodity certificate issued by the Secretary to a producer who holds the certificate for at least 150 days. This subsection shall not apply with respect to commodity certificates issued in connection with the export enhancement program or the marketing promotion program established under the Agricultural Trade Act of 1978.

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