7 CFR 1488.20

§ 1488.20 Officials not to benefit.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1488.20, § 1488.20 Officials not to benefit, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26500
Permanent ID: ys:prov:26500@1
SHA-256: 1ccbb0b1172a22cef30af39e7cb0030fc46b0d1e4e1c06755e5ff0a021ae0327

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Full text

No member of or delegate to Congress, or Resident Commissioner, shall be admitted to any share or part of the financing agreement or to any benefit that may arise therefrom, but this provision shall not be construed to extend to the financing agreement if made with a corporation for its general benefit.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.