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7 CFR 1421.11 - Spot checks.

§ 1421.11
Spot checks.
(a) CCC may inspect the collateral for marketing assistance loans, and producers with such loans shall allow CCC access to the farm and storage facility as necessary to conduct collateral inspections, or “spot checks” as they are called. Spot checks will verify that the quality and quantity of farm-stored commodities pledged as collateral for marketing assistance loans are maintained by the producer.
(b) Loan deficiency payments are selected for spot check to ensure that all eligibility requirements, as required by CCC, are met in order to receive such loan deficiency payment.
(c) Producers must present production evidence for commodities acceptable to CCC when a spot check is conducted.

Title 7 published on 2012-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 7 - AGRICULTURE

§ 7231 - Availability of nonrecourse marketing assistance loans

§ 7232 - Loan rates for marketing assistance loans

§ 7233 - Term of loans

§ 7234 - Repayment of loans

§ 7235 - Loan deficiency payments

§ 7236 - Special marketing loan provisions for upland cotton

§ 7236a - Special competitive provisions for extra long staple cotton

§ 7237 - Availability of recourse loans for high moisture feed grains and seed cotton and other fibers

§ 7931 - Availability of nonrecourse marketing assistance loans for loan commodities

§ 7932 - Loan rates for nonrecourse marketing assistance loans

§ 7933 - Term of loans

§ 7934 - Repayment of loans

§ 7935 - Loan deficiency payments

§ 7936 - Payments in lieu of loan deficiency payments for grazed acreage

USC : Title 15 - COMMERCE AND TRADE

§ 714c - Specific powers of Corporation

Public Laws

110-246