Arkansas Legal Resource Navigator

7 U.S.C. § 7958 — Miscellaneous provisions

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

7 U.S.C. § 7958 — Miscellaneous provisions

Page 2141 TITLE 7—AGRICULTURE § 7958 (A) the payment rate determined under paragraph (3) for peanuts; by (B) the quantity of the peanuts produced by the producers, excluding any quantity for which the producers obtain a marketing as- sistance loan under subsection (a). (3) Payment rate For purposes of this subsection, the payment rate shall be the amount by which— (A) the loan rate established under sub- section (b); exceeds (B) the rate at which a loan may be repaid under subsection (d). (4) Effective date for payment rate determina- tion (A) In general The Secretary shall determine the amount of the loan deficiency payment to be made under this subsection to the producers on a farm with respect to a quantity of peanuts using the payment rate in effect under para- graph (3) as of the date the producers request the payment. (B) Special rule for 2002 crop year For the 2002 crop year only, the Secretary shall determine the amount of the loan defi- ciency payment to be made under this sub- section to the producers on a farm with re- spect to a quantity of peanuts using the pay- ment rate in effect under paragraph (3) as of the earlier of the following: (i) The date on which the producers mar- keted or otherwise lost beneficial interest in the crop, as determined by the Sec- retary. (ii) The date the producers request the payment. (f) Compliance with conservation and wetlands requirements As a condition of the receipt of a marketing assistance loan under subsection (a), the pro- ducer shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 (16 U.S.C. 3811 et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act (16 U.S.C. 3821 et seq.) dur

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 7958

Stored review status: historical_2024_not_currentness_verified. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: 0f08d24eafb2014a8f6311c069b50a57d7019893d36b910ce853cf4d6515c067. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:usc2024-8692a7a5a4ceeac92f2adf20
Source file: Laws/federal/codes/united-states-code-2024/title-7/section-7958-miscellaneous-provisions--81952822c7.md
Pages: Not recorded – Not recorded
Passage SHA-256: cfaf8cb0c1dc0b5de0f5127d08b012ad06b694e1534e247ef7ca1a12f9639aa5

Source location: USCODE-2024-title7-chap106-subchapIII-sec7958.pdf

Stored source content

Page 2141 TITLE 7—AGRICULTURE § 7958 (A) the payment rate determined under paragraph (3) for peanuts; by (B) the quantity of the peanuts produced by the producers, excluding any quantity for which the producers obtain a marketing as- sistance loan under subsection (a). (3) Payment rate For purposes of this subsection, the payment rate shall be the amount by which— (A) the loan rate established under sub- section (b); exceeds (B) the rate at which a loan may be repaid under subsection (d). (4) Effective date for payment rate determina- tion (A) In general The Secretary shall determine the amount of the loan deficiency payment to be made under this subsection to the producers on a farm with respect to a quantity of peanuts using the payment rate in effect under para- graph (3) as of the date the producers request the payment. (B) Special rule for 2002 crop year For the 2002 crop year only, the Secretary shall determine the amount of the loan defi- ciency payment to be made under this sub- section to the producers on a farm with re- spect to a quantity of peanuts using the pay- ment rate in effect under paragraph (3) as of the earlier of the following: (i) The date on which the producers mar- keted or otherwise lost beneficial interest in the crop, as determined by the Sec- retary. (ii) The date the producers request the payment. (f) Compliance with conservation and wetlands requirements As a condition of the receipt of a marketing assistance loan under subsection (a), the pro- ducer shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 (16 U.S.C. 3811 et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act (16 U.S.C. 3821 et seq.) during the term of the loan. (g) Reimbursable agreements and payment of ad- ministrative expenses The Secretary may implement any reimburs- able agreements or provide for the payment of administrative expenses under this subchapter only in a manner that is consistent with such activities in regard to other commodities. (Pub. L. 107–171, title I, § 1307, May 13, 2002, 116 Stat. 175.) Editorial Notes REFERENCES IN TEXT The Food Security Act of 1985, referred to in subsec. (f), is Pub. L. 99–198, Dec. 23, 1985, 99 Stat. 1354. Sub- titles B and C of title XII of the Act are classified gen- erally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Conserva- tion. For complete classification of this Act to the Code, see Short Title of 1985 Amendment note set out under section 1281 of this title and Tables. This subchapter, referred to in subsec. (g), was in the original ‘‘this subtitle’’, meaning subtitle C (§§ 1301–1310) of Pub. L. 107–171, title I, May 13, 2002, 116 Stat. 166, which is classified principally to this sub- chapter. For complete classification of subtitle C to the Code, see References in Text note set out under section 7951 of this title and Tables. § 7958. Miscellaneous provisions (a) Mandatory inspection All peanuts marketed in the United States shall be officially inspected and graded by Fed- eral or Federal-State inspectors. (b) Termination of Peanut Administrative Com- mittee The Peanut Administrative Committee estab- lished under Marketing Agreement No. 146 issued pursuant to the Agricultural Adjustment Act (7 U.S.C. 601 et seq.), reenacted with amend- ments by the Agricultural Marketing Agree- ment Act of 1937, is terminated. (c) Peanut Standards Board (1) Establishment and purpose The Secretary shall establish a Peanut Standards Board for the purpose of advising the Secretary regarding the establishment of quality and handling standards for domesti- cally produced and imported peanuts. (2) Membership and appointment (A) Total members The Board shall consist of 18 members, with representation equally divided between peanut producers and peanut industry rep- resentatives. (B) Appointment process for producers The Secretary shall appoint— (i) 3 producers from the Southeast (Ala- bama, Georgia, and Florida) peanut pro- ducing region; (ii) 3 producers from the Southwest (Texas, Oklahoma, and New Mexico) pea- nut producing region; and (iii) 3 producers from the Virginia/Caro- lina (Virginia, North Carolina, and South Carolina) peanut producing region. (C) Appointment process for industry rep- resentatives The Secretary shall appoint 3 peanut in- dustry representatives from each of the 3 peanut producing regions in the United States. (3) Terms (A) In general A member of the Board shall serve a 3-year term. (B) Initial appointment In making the initial appointments to the Board, the Secretary shall stagger the terms of the members so that— (i) 1 producer member and peanut indus- try member from each peanut producing region serves a 1-year term; (ii) 1 producer member and peanut indus- try member from each peanut producing region serves a 2-year term; and Page 2142 TITLE 7—AGRICULTURE § 7959 (iii) 1 producer member and peanut in- dustry member from each peanut pro- ducing region serves a 3-year term. (4) Consultation required The Secretary shall consult with the Board in advance whenever the Secretary establishes or changes, or considers the establishment of or a change to, quality and handling standards for peanuts. (5) Chapter 10 of title 5 Chapter 10 of title 5 shall not apply to the Board. (d) Priority The Secretary shall make identifying and combating the presence of all quality concerns related to peanuts a priority in the development of quality and handling standards for peanuts and in the inspection of domestically produced and imported peanuts. The Secretary shall con- sult with appropriate Federal and State agen- cies to provide adequate safeguards against all quality concerns related to peanuts. (e) Consistent standards Imported peanuts shall be subject to the same quality and handling standards as apply to do- mestically produced peanuts. (f) Authorization of appropriations (1) In general In addition to other funds that are available to carry out this section, there is authorized to be appropriated such sums as are necessary to carry out this section. (2) Treatment of Board expenses The expenses of the Peanut Standards Board shall not be counted toward any general limi- tation on the expenses of advisory commit- tees, panels, commissions, and task forces of the Department of Agriculture, whether en- acted before, on, or after May 13, 2002, unless the limitation specifically refers to this para- graph and specifically includes the Peanut Standards Board within the general limita- tion. (g) Transition rule (1) Temporary designation of Peanut Adminis- trative Committee members Notwithstanding the appointment process specified in subsection (c) for the Peanut Standards Board, during the transition period, the Secretary may designate persons serving as members of the Peanut Administrative Committee on the day before May 13, 2002, to serve as members of the Peanut Standards Board for the purpose of carrying out the du- ties of the Board described in this section. (2) Funds The Secretary may transfer any funds avail- able to carry out the activities of the Peanut Administrative Committee to the Peanut Standards Board to carry out the duties of the Board described in this section. (3) Transition period In paragraph (1), the term ‘‘transition pe- riod’’ means the period beginning on May 13, 2002, and ending on the earlier of— (A) the date the Secretary appoints the members of the Peanut Standards Board pursuant to subsection (c); or (B) 180 days after May 13, 2002. (h) Effective date This section shall take effect with the 2002 crop of peanuts. (Pub. L. 107–171, title I, § 1308, May 13, 2002, 116 Stat. 178; Pub. L. 115–334, title XII, § 12517, Dec. 20, 2018, 132 Stat. 5000; Pub. L. 117–286, § 4(a)(41), Dec. 27, 2022, 136 Stat. 4309.) Editorial Notes REFERENCES IN TEXT The Agricultural Adjustment Act, as reenacted with amendments by the Agricultural Marketing Agreement Act of 1937, referred to in subsec. (b), is title I of act May 12, 1933, ch. 25, 48 Stat. 31, which is classified gen- erally to chapter 26 (§ 601 et seq.) of this title. For com- plete classification of this Act to the Code, see Short Title note set out under section 601 of this title and Ta- bles. AMENDMENTS Subsec. (c)(5). Pub. L. 117–286 substituted ‘‘Chapter 10 of title 5’’ for ‘‘Federal Advisory Committee Act’’ in heading and ‘‘Chapter 10 of title 5’’ for ‘‘The Federal Advisory Committee Act (5 U.S.C. App.)’’ in text. 2018—Subsec. (c)(2)(B)(iii). Pub. L. 115–334 substituted ‘‘Virginia, North Carolina, and South Carolina’’ for ‘‘Virginia and North Carolina’’. § 7959. Termination of marketing quota programs for peanuts and compensation to peanut quota holders for loss of quota asset value (a) Repeal of marketing quota (1) Omitted (2) Treatment of 2001 crop Part VI of subtitle B of title III of the Agri- cultural Adjustment Act of 1938 (7 U.S.C. 1357–1359a), as in effect on the day before May 13, 2002, shall continue to apply with respect to the 2001 crop of peanuts notwithstanding the amendment made by paragraph (1). Section 7958(g)(2) of this title shall also apply to the 2001 crop of peanuts. (b) Compensation contract required (1) In general The Secretary shall offer to enter into a con- tract with each person that the Secretary de- termines is an eligible peanut quota holder under subsection (f) for the purpose of pro- viding compensation for the lost value of the quota on account of the repeal of the mar- keting quota program for peanuts under sub- section (a). (2) Payment period The Secretary shall make payments under the contracts during fiscal years 2002 through 2006. (c) Time for payment (1) Payment in installments The payments required under the contracts shall be provided in 5 equal installments not later than September 30 of each of fiscal years 2002 through 2006.

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

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

16 U.S.C. § 3811 — Program ineligibility

**(a) In general** Except as provided in [section 3812 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3812&num=0&edition=prelim), and notwithstanding any other provision of law, any person who in any crop year produces an agricultural commodity on a field on which highly erodible land is predominant, or designates land on which highly erodible land is predominant to be set aside, diverted, devoted to conservation uses, or otherwise not cultivated under a program administered by the Secretary to reduce production of an agricultural commodity, as determined by the Secretary shall be ineligible for— (1) as to any commodity produced during that crop year by such person— (A) contract payments under a production flexibility contract, marketing assistance loans, and any type of price support or payment made available under the Agricultural Market Transition Act [[7 U.S.C. 7201](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7201&num=0&edition=prelim) et seq.], the Commodity Credit Corporation Charter Act ([15 U.S.C. 714](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section714&num=0&edition=prelim) et seq.), or any other Act; (B) a farm storage facility loan made under section 4(h) of the Commodity Credit Corporation Charter Act ([15 U.S.C. 714b(h)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section714b/h&num=0&edition=prelim)); (C) a disaster payment; (D) a loan made, insured, or guaranteed under the Consolidated Farm and Rural Development Act ([7 U.S.C. 1921](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1921&num=0&edition=prelim) et seq.) or any other provision of law administered by the Consolidated Farm Service

Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 3811

Stored review status: release_metadata_unconfirmed. The source passage cites 16 U.S.C. § 3811. This identifies an authority to review, not proof of applicability.

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

16 U.S.C. § 3811 — Program ineligibility

Page 2343 TITLE 16—CONSERVATION § 3811 1 See Change of Name note below. of Pub. L. 110–246, set out as a note under section 8701 of Title 7, Agriculture.] REFORM AND ASSESSMENT OF CONSERVATION PROGRAMS Pub. L. 107–171, title II, § 2005, May 13, 2002, 116 Stat. 237, required the Secretary of Agriculture to develop a plan to coordinate land retirement and agricultural working land conservation programs that are adminis- tered by the Secretary to achieve the goals of elimi- nating redundancy, streamlining program delivery, and improving services provided to agricultural producers and to submit to Congress a report on this plan by Dec. 31, 2005. CONSERVATION CORRIDOR DEMONSTRATION PROGRAM Pub. L. 110–114, title V, § 5059, Nov. 8, 2007, 121 Stat. 1215, which authorized the Secretary of the Army to provide technical assistance to the Secretary of Agri- culture for use in carrying out the Conservation Cor- ridor Demonstration Program established under sub- title G of title II of Pub. L. 107–171, formerly set out below, was repealed by Pub. L. 115–334, title II, § 2811(b), Dec. 20, 2018, 132 Stat. 4602. Pub. L. 107–171, title II, subtitle G, May 13, 2002, 116 Stat. 275, which related to a Conservation Corridor Demonstration Program to integrate agriculture and forestry conservation programs of the Department of Agriculture with State and local efforts to address farm conservation needs on the Delmarva Peninsula, was repealed by Pub. L. 115–334, title II, § 2811(a), Dec. 20, 2018, 132 Stat. 4602. CRANBERRY ACREAGE RESERVE PROGRAM Pub. L. 107–171, title X, § 10608, May 13, 2002, 116 Stat. 515, which authorized the Secretary of Agriculture to establish a program to purchase permanent easements in wetlands or buffer strips that were used or had a his- t

Source: Supplied 2024 U.S. Code historical extraction · 16 U.S.C. § 3811

Stored review status: historical_2024_not_currentness_verified. The source passage cites 16 U.S.C. § 3811. This identifies an authority to review, not proof of applicability.

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

16 U.S.C. § 3821 — Program ineligibility

**(a) Production on converted wetland** Except as provided in this subchapter and notwithstanding any other provision of law, any person who in any crop year produces an agricultural commodity on converted wetland, as determined by the Secretary, shall be— (1) in violation of this section; and (2) ineligible for loans or payments in an amount determined by the Secretary to be proportionate to the severity of the violation. **(b) Ineligibility for certain loans and payments** If a person is determined to have committed a violation under subsection (a) during a crop year, the Secretary shall determine which of, and the amount of, the following loans and payments for which the person shall be ineligible: (1) Contract payments under a production flexibility contract, marketing assistance loans, and any type of price support or payment made available under the Agricultural Market Transition Act [[7 U.S.C. 7201](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7201&num=0&edition=prelim) et seq.], the Commodity Credit Corporation Charter Act ([15 U.S.C. 714](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section714&num=0&edition=prelim) et seq.), or any other Act. (2) A loan made or guaranteed under the Consolidated Farm and Rural Development Act ([7 U.S.C. 1921](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1921&num=0&edition=prelim) et seq.) or any other provision of law administered by the Consolidated Farm Service Agency,11 See Change of Name note below. if the Secretary determines that the proceeds of the loan will be used for a purpose that will contribute to conversion of a wetland (other than as provided in this subchapter) to produce an agricultural commodity. (3) During the crop year:

Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 3821

Stored review status: release_metadata_unconfirmed. The source passage cites 16 U.S.C. § 3821. This identifies an authority to review, not proof of applicability.

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

16 U.S.C. § 3821 — Program ineligibility

Page 2349 TITLE 16—CONSERVATION § 3821 1 See Change of Name note below. AMENDMENTS 2014—Subsec. (d)(4). Pub. L. 113–79 added par. (4). § 3813. Soil surveys The Secretary shall, as soon as is practicable after December 23, 1985, complete soil surveys on those private lands that do not have a soil sur- vey suitable for use in determining the land ca- pability class for purposes of this subchapter. In carrying out this section, the Secretary shall, insofar as possible, concentrate on those local- ities where significant amounts of highly erod- ible land are being converted to the production of agricultural commodities. (Pub. L. 99–198, title XII, § 1214, formerly § 1213, Dec. 23, 1985, 99 Stat. 1507; renumbered § 1214, Pub. L. 104–127, title III, § 315(a)(1), Apr. 4, 1996, 110 Stat. 983.) § 3814. Notice and investigation of possible com- pliance deficiencies (a) In general An employee of the Department of Agriculture who observes a possible compliance deficiency or other potential violation of a conservation plan or this subchapter while providing on-site technical assistance shall provide to the respon- sible persons, not later than 45 days after ob- serving the possible violation, information re- garding actions needed to comply with the plan and this subchapter. The employee shall provide the information in lieu of reporting the observa- tion as a compliance violation. (b) Corrective action The responsible persons shall attempt to cor- rect the deficiencies as soon as practicable after receiving the information. (c) Review If the corrective action is not fully imple- mented not later than 1 year after the respon- sible persons receive the information, the Sec- retary may conduct a review of the status of compliance of the persons with the con

Source: Supplied 2024 U.S. Code historical extraction · 16 U.S.C. § 3821

Stored review status: historical_2024_not_currentness_verified. The source passage cites 16 U.S.C. § 3821. This identifies an authority to review, not proof of applicability.

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

7 U.S.C. § 1357 — Untitled legal text

Page 660 TITLE 7—AGRICULTURE § 1350a § 1350a. Repealed. Pub. L. 96–470, title I, § 102(e), Oct. 19, 1980, 94 Stat. 2237 Section, Pub. L. 91–524, title VI, § 609, Nov. 30, 1970, 84 Stat. 1378, required Secretary to file annually with President for transmission to Congress a complete re- port of programs carried out under title VI of Pub. L. 91–524. SUBPART V—MARKETING QUOTAS—RICE § 1351. Omitted Editorial Notes CODIFICATION Section, act Feb. 16, 1938, ch. 30, title III, § 351, 52 Stat. 60, set forth the legislative findings relating to rice marketing quotas pursuant to this subpart and was omitted in view of the repeal of the remaining sections of the subpart. §§ 1352 to 1356. Repealed. Pub. L. 97–98, title VI, § 601, Dec. 22, 1981, 95 Stat. 1242 Section 1352, acts Feb. 16, 1938, ch. 30, title III, § 352, 52 Stat. 60; Aug. 9, 1955, ch. 648, 69 Stat. 576; Feb. 16, 1976, Pub. L. 94–214, title I, § 101, 90 Stat. 181; Sept. 29, 1977, Pub. L. 95–113, title VII, § 701, 91 Stat. 940, provided for a national acreage allotment and allocation for 1976 through 1981 crops of rice. Section 1353, acts Feb. 16, 1938, ch. 30, title III, § 353, 52 Stat. 61; Oct. 31, 1949, ch. 792, title IV, § 418(a), 63 Stat. 1059; June 16, 1950, ch. 268, §§ 1, 2, 64 Stat. 232; Apr. 30, 1955, ch. 29, 69 Stat. 45; Apr. 30, 1955, ch. 30, 69 Stat. 45; May 5, 1955, ch. 31, 69 Stat. 45; Aug. 9, 1955, ch. 652, 69 Stat. 578; May 28, 1956, ch. 327, title III, § 304, 70 Stat. 205; June 4, 1958, Pub. L. 85–443, §§ 1, 2(a), (b), 3, 72 Stat. 177; Aug. 28, 1958, Pub. L. 85–835, title III, § 301, 72 Stat. 994; Feb. 16, 1938, ch. 30, title III, § 378(d), as added Aug. 28, 1958, Pub. L. 85–835, title V, § 501, 72 Stat. 996; Mar. 6, 1962, Pub. L. 87–412, 76 Stat. 20; Jan. 28, 1964, Pub. L.

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1357

Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 1357. This identifies an authority to review, not proof of applicability.

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

7 U.S.C. § 601 — Declaration of conditions

It is declared that the disruption of the orderly exchange of commodities in interstate commerce impairs the purchasing power of farmers and destroys the value of agricultural assets which support the national credit structure and that these conditions affect transactions in agricultural commodities with a national public interest, and burden and obstruct the normal channels of interstate commerce.

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 601

Stored review status: release_metadata_unconfirmed. The source passage cites 7 U.S.C. § 601. This identifies an authority to review, not proof of applicability.

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

7 U.S.C. § 601 — Declaration of conditions

Page 453 TITLE 7—AGRICULTURE § 601 CHAPTER 26—AGRICULTURAL ADJUSTMENT SUBCHAPTER I—DECLARATION OF CONDITIONS AND POLICY Sec. 601. Declaration of conditions. 602. Declaration of policy; establishment of price basing period; marketing standards; orderly supply flow; circumstances for continued regulation. SUBCHAPTER II—COTTON OPTION CONTRACTS 603. Government owned cotton; transfer to Sec- retary of Agriculture; powers of Secretary. 604. Borrowing money; expenditures; authority of Secretary. 605, 606. Repealed. 607. Sale by Secretary; additional options; valida- tion of assignments; publication of informa- tion. SUBCHAPTER III—COMMODITY BENEFITS 608. Powers of Secretary. 608–1. Omitted. 608a. Enforcement of chapter. 608a–1. Repealed. 608b. Marketing agreements; exemption from anti- trust laws; inspection requirements for han- dlers not subject to agreements. 608c. Orders. 608c–1. Repealed. 608d. Books and records. 608e. Repealed. 608e–1. Import prohibitions on specified foreign produce. 608f. Repealed. 609. Processing tax; methods of computation; rate; what constitutes processing; publicity as to tax to avoid profiteering. 610. Administration. 611. ‘‘Basic agricultural commodity’’ defined; ex- clusion of commodities. 612. Appropriation; use of revenues; administra- tive expenses. 612a, 612b. Omitted. 612c. Appropriation to encourage exportation and domestic consumption of agricultural prod- ucts. 612c–1. Authorization for appropriations to increase domestic consumption of surplus farm com- modities. 612c–2. Technical support to exporters and importers of United States agricultural products; scope of support provided by Department of Agriculture. 612c–3. Repealed. 612c–4. Purchase of specialty crops.

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 601

Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 601. This identifies an authority to review, not proof of applicability.

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

7 U.S.C. § 7958 — Marketing assistance loans and loan deficiency payments for peanuts

**(a) Nonrecourse loans available** (1) **Availability** — For each of the 2002 through 2007 crops of peanuts, the Secretary shall make available to producers on a farm nonrecourse marketing assistance loans for peanuts produced on the farm. The loans shall be made under terms and conditions that are prescribed by the Secretary and at the loan rate established under subsection (b). (2) **Eligible production** — The producers on a farm shall be eligible for a marketing assistance loan under this subsection for any quantity of peanuts produced on the farm. (3) **Treatment of certain commingled commodities** — In carrying out this subsection, the Secretary shall make loans to producers on a farm that would be eligible to obtain a marketing assistance loan, but for the fact the peanuts owned by the producers on the farm are commingled with other peanuts in facilities unlicensed for the storage of agricultural commodities by the Secretary or a State licensing authority, if the producers obtaining the loan agree to immediately redeem the loan collateral in accordance with [section 7286 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7286&num=0&edition=prelim). (4) **Options for obtaining loan** — A marketing assistance loan under this subsection, and loan deficiency payments under subsection (e), may be obtained at the option of the producers on a farm through— (A) a designated marketing association or marketing cooperative of producers that is approved by the Secretary; or (B) the Farm Service Agency. (5) **Storage of loan peanuts** — As a condition on the Secretary’s approval of an individual or entity to provide storage for peanuts for which a marketing assistance loan is made under this section, the individual or entity

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7958

Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.