(a)In order to effectuate the declared policy of this chapter, the Secretary of Agriculture shall have the power, after due notice and opportunity for hearing, to enter into marketing agreements with processors, producers, associations of producers, and others engaged in the handling of any agricultural commodity or product thereof, only with respect to such handling as is in the current of interstate or foreign commerce or which directly burdens, obstructs, or affects, interstate or foreign commerce in such commodity or product thereof. The making of any such agreement shall not be held to be in violation of any of the antitrust laws of the United States, and any such agreement shall be deemed to be lawful: Provided, That no such agreement shall remain in force after the termination of this chapter.
(b)
(1)If an agreement with the Secretary is in effect with respect to peanuts pursuant to this section—
(A)all peanuts handled by persons who have not entered into such an agreement with the Secretary shall be subject to inspection to the same extent and manner as is required by such agreement;
(B)no such peanuts shall be sold or otherwise disposed of for human consumption if such peanuts fail to meet the quality requirements of such agreement; and
(C)any assessment (except with respect to any assessment for the indemnification of losses on rejected peanuts) imposed under the agreement shall—
(i)apply to peanut handlers (as defined by the Secretary) who have not entered into such an agreement with the Secretary in addition to those handlers who have entered into the agreement; and
(ii)be paid to the Secretary.
(2)Violation of this subsection by a person who has not entered into such an agreement shall result in the assessment by the Secretary of a penalty equal to 140 percent of the support price for quota peanuts multiplied by the quantity of peanuts sold or disposed of in violation of subsection (b)(1)(B) of this section, as determined under section
1445c–3[1] of this title, for the marketing year for the crop with respect to which such violation occurs.
(a)In order to effectuate the declared policy of this chapter, the Secretary of Agriculture shall have the power, after due notice and opportunity for hearing, to enter into marketing agreements with processors, producers, associations of producers, and others engaged in the handling of any agricultural commodity or product thereof, only with respect to such handling as is in the current of interstate or foreign commerce or which directly burdens, obstructs, or affects, interstate or foreign commerce in such commodity or product thereof. The making of any such agreement shall not be held to be in violation of any of the antitrust laws of the United States, and any such agreement shall be deemed to be lawful: Provided, That no such agreement shall remain in force after the termination of this chapter.
(b)
(1)If an agreement with the Secretary is in effect with respect to peanuts pursuant to this section—
(A)all peanuts handled by persons who have not entered into such an agreement with the Secretary shall be subject to inspection to the same extent and manner as is required by such agreement;
(B)no such peanuts shall be sold or otherwise disposed of for human consumption if such peanuts fail to meet the quality requirements of such agreement; and
(C)any assessment (except with respect to any assessment for the indemnification of losses on rejected peanuts) imposed under the agreement shall—
(i)apply to peanut handlers (as defined by the Secretary) who have not entered into such an agreement with the Secretary in addition to those handlers who have entered into the agreement; and
(ii)be paid to the Secretary.
(2)Violation of this subsection by a person who has not entered into such an agreement shall result in the assessment by the Secretary of a penalty equal to 140 percent of the support price for quota peanuts multiplied by the quantity of peanuts sold or disposed of in violation of subsection (b)(1)(B) of this section, as determined under section
1445c–3[1] of this title, for the marketing year for the crop with respect to which such violation occurs.
Section
1445c–3 of this title, referred to in subsec. (b)(2), was repealed by Pub. L. 104–127, title I, § 171(b)(2)(E),Apr. 4, 1996, 110 Stat. 938.
Codification
The provisions appearing in subsec. (a) of this section except the first sentence, were originally enacted as part of section 8(2) of act May 12, 1933, and formerly appeared as section
608(2) of this title.
Amendments
1993—Subsec. (b)(1)(C). Pub. L. 103–66added subpar. (C).
1991—Subsec. (b)(2). Pub. L. 102–237made technical amendment to reference to section
1445c–3 of this title involving corresponding provisions of original Act.
1989—Pub. L. 101–220designated existing provisions as subsec. (a) and added subsec. (b).
1947—Act June 30, 1947, repealed provisions providing for loans from Reconstruction Finance Corporation.
1935—Act Aug. 24, 1935, designated subsection 2 ofsection
8 of act May 12, 1933, as section
8b and amended first sentence generally.
1934—Act Apr. 7, 1934, empowered Secretary of Agriculture to enter into marketing agreements with individual producers.
Effective Date of 1989 Amendment
Section 4(c) ofPub. L. 101–220provided that: “The amendment made by this section [amending this section] shall be effective with respect to the 1990 and subsequent crops of peanuts.”
Validity of Section Affirmed
Act June 3, 1937, affirmed and validated, and reenacted without change the provisions of this section. See note set out under section
601 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, May 21, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
7 USC
Description of Change
Session Year
Public Law
Statutes at Large
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.
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.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.