15 U.S.C. § 714k — Records; annual report

Page 1180 TITLE 15—COMMERCE AND TRADE § 714j of the allotments and transfers made under this section in fiscal year 1995.’’ Statutory Notes and Related Subsidiaries CLARIFICATION OF USE OF FUNDS FOR TECHNICAL ASSISTANCE Pub. L. 113–79, title X, § 10017, Feb. 7, 2014, 128 Stat. 953, provided that: ‘‘In the case of each program estab- lished or amended by this title [title X of Pub. L. 113–79, see Tables for classification] that is authorized or required to be carried out using funds of the Com- modity Credit Corporation, the use of those funds to provide technical assistance shall not be considered an allotment or fund transfer from the Commodity Credit Corporation for purposes of the limit on expenditures for technical assistance imposed by section 11 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714i).’’ Executive Documents EXCEPTIONS FROM TRANSFER OF FUNCTIONS For exception of functions of corporations of Depart- ment of Agriculture from transfer of functions to Sec- retary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title. § 714j. Utilization of associations and trade facili- ties The Corporation may, in the conduct of its business, utilize on a contract or fee basis, com- mittees or associations of producers, producer- owned and producer-controlled cooperative asso- ciations, and trade facilities. (June 29, 1948, ch. 704, § 12, 62 Stat. 1073.) Executive Documents EXCEPTIONS FROM TRANSFER OF FUNCTIONS For exception of functions of corporations of Depart- ment of Agriculture from transfer of functions to Sec- retary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title. § 714k. Records; annual report The Corporation shall at all times maintain complete and accurate books of account and shall file annually with the Secretary of Agri- culture a complete report as to the business of the Corporation, a copy of which shall be for- warded by the Secretary of Agriculture to the President for transmission to the Congress. In addition to the annual report, the Corporation shall submit to Congress on a quarterly basis an itemized report of all expenditures over $10,000 made under section 714c or 714i of this title dur- ing the period covered by the report, including expenditures in the form of allotments or fund transfers to other agencies and departments of the Federal Government. (June 29, 1948, ch. 704, § 13, 62 Stat. 1073; Pub. L. 104–127, title I, § 161(b)(3), Apr. 4, 1996, 110 Stat. 934.) Editorial Notes AMENDMENTS 1996—Pub. L. 104–127 inserted at end ‘‘In addition to the annual report, the Corporation shall submit to Con- gress on a quarterly basis an itemized report of all ex- penditures over $10,000 made under section 714c or 714i of this title during the period covered by the report, in- cluding expenditures in the form of allotments or fund transfers to other agencies and departments of the Fed- eral Government.’’ Statutory Notes and Related Subsidiaries TERMINATION OF REPORTING REQUIREMENTS For termination, effective May 15, 2000, of provisions of law requiring submittal to Congress of any annual, semiannual, or other regular periodic report listed in House Document No. 103–7 (in which the requirement, under the 1st sentence of this section, to transmit to Congress a complete annual report as to the business of the Corporation, is listed on page 46), see section 3003 of Pub. L. 104–66, as amended, and section 1(a)(4) [div. A, § 1402] of Pub. L. 106–554, set out as notes under sec- tion 1113 of Title 31, Money and Finance. Executive Documents EXCEPTIONS FROM TRANSFER OF FUNCTIONS For exception of functions of corporations of Depart- ment of Agriculture from transfer of functions to Sec- retary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title. DELEGATION OF CERTAIN REPORTING AUTHORITY Memorandum of President of the United States, Dec. 8, 2004, 69 F.R. 74941, provided: Memorandum for the Secretary of Agriculture By the authority vested in me as President by the Constitution and the laws of the United States, includ- ing section 301 of title 3, United States Code, I hereby delegate to you the functions conferred upon the Presi- dent by section 13 of Public Law 806, 80th Congress (15 U.S.C. 714k), to provide the specified report to the Con- gress. You are authorized and directed to publish this memorandum in the Federal Register. GEORGE W. BUSH. § 714l. Interest of Members of Congress The provisions of section 6306(a) of title 41 shall apply to all contracts or agreements of the Corporation, except contracts or agreements of a kind which the Corporation may enter into with farmers participating in a program of the Corporation. (June 29, 1948, ch. 704, § 14, 62 Stat. 1074.) Editorial Notes CODIFICATION In text, ‘‘section 6306(a) of title 41’’ substituted for ‘‘section 1 of the Act of February 27, 1877, as amended (41 U.S.C., 1940 edition, 22)’’ on authority of Pub. L. 111–350, § 6(c), Jan. 4, 2011, 124 Stat. 3854, which Act en- acted Title 41, Public Contracts. Executive Documents EXCEPTIONS FROM TRANSFER OF FUNCTIONS For exception of functions of corporations of Depart- ment of Agriculture from transfer of functions to Sec- retary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title. § 714m. Crimes and offenses (a) False statements; overvaluation of securities Whoever makes any statement knowing it to be false, or whoever willfully overvalues any se-