15 U.S.C. § 714c
Specific powers of Corporation
United States · Title 15 — COMMERCE AND TRADE · Status: effective
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- Citation
- 15 U.S.C. § 714c, Specific powers of Corporation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/440678
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Full text
In the fulfillment of its purposes and in carrying out its annual budget programs submitted to and approved by the Congress pursuant to chapter 91 of title 31, the Corporation is authorized to use its general powers only to—
In the Corporation’s purchasing and selling operations with respect to agricultural commodities (other than tobacco) (except sales to other Government agencies), and in the warehousing, transporting, processing, or handling of agricultural commodities (other than tobacco), the Corporation shall, to the maximum extent practicable consistent with the fulfillment of the Corporation’s purposes and the effective and efficient conduct of its business, utilize the usual and customary channels, facilities, and arrangements of trade and commerce (including, at the option of the Corporation, the use of private sector entities).
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- A bill approving the governing international fishery agreements with Iceland and the European Economic Community.House: no recorded tallySenate: no recorded tally
- Federal Agriculture Improvement and Reform Act of 1996
- Farm Security and Rural Investment Act of 2002
- American Jobs Creation Act of 2004