§ 1141c. — Special powers of administration.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC1141c]
TITLE 12--BANKS AND BANKING
CHAPTER 7A--AGRICULTURAL MARKETING
Sec. 1141c. Special powers of administration
The administration is authorized and directed--
(1) to promote education in the principles and practices of
cooperative marketing of agricultural commodities and food products
thereof.
(2) to encourage the organization, improvement in methods, and
development of effective cooperative associations.
(3) to keep advised from any available sources and make reports
as to crop prices, experiences, prospects, supply, and demand, at
home and abroad.
(June 15, 1929, ch. 24, Sec. 5, 46 Stat. 13; Ex. Ord. No. 6084, Mar. 27,
1933; June 16, 1933, ch. 98, title V, Sec. 50(a), 48 Stat. 265.)
Codification
Section was formerly classified to section 525 of Title 7,
Agriculture.
Amendments
1933--Act June 16, 1933, repealed pars. (4) and (5) relating to
powers of the Farm Board to investigate overproduction and to
miscellaneous investigations by the Farm Board.
Change of Name
``Administration'' substituted in text for ``board'' pursuant to Ex.
Ord. No. 6084, set out preceding section 2241 of this title.
Transfer of Functions
Establishment of Farm Credit Administration as an independent
agency, composition of Farm Credit Administration, appointment of
Governor of Farm Credit Administration, and duties thereof, including
duty to perform functions, etc., of Farm Credit Administration, see
section 2241 et seq. of this title.
Exceptions From Transfer of Functions
Functions of Farm Credit Administration or any agency, officer, or
entity of, under, or subject to supervision of said Administration
excepted from functions of officers, agencies, and employees transferred
to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, Sec. 1, eff.
June 4, 1953, 18 F.R. 3219, 67 Stat. 633, set out in the Appendix to
Title 5, Government Organization and Employees.
