7 CFR 1425.15
§ 1425.15 Vested authority.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1425.15, § 1425.15 Vested authority, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25751
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Full text
The marketing agreement between the CMA and its members will give the CMA the authority to pledge the commodity as collateral for a loan, to place a lien on such commodity, and to market the commodity on behalf of its members even though the individual members retain the right, in effect, to determine the price at which the commodity can be marketed by the CMA.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.