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Code · STATUTE-COMPILATIONS · Agricultural Trade Act of 1978 · Sec. 403

Sec. 403. DEPARTMENTAL ADMINISTRATION SYSTEM

151 words·~1 min read·/statute-compilations/comps-10299/sec-403

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## SEC. 403 DEPARTMENTAL ADMINISTRATION SYSTEM **[**[7 U.S.C. 5663](/us/usc/t7/s5663)**]** ###
(a)In General With respect to each commercial export promotion program of the Department of Agriculture or the Commodity Credit Corporation, the Secretary shall— ####
(1)specify by regulation the criteria used to evaluate and approve proposals for that program; ####
(2)establish a centralized system to permit the Foreign Agricultural Service to provide the history and current status of any proposal; ####
(3)provide for regular audits of program transactions to determine compliance with program objectives and requirements; and ####
(4)establish criteria to evaluate loans eligible for guarantees by the Commodity Credit Corporation, so as to ensure that the Corporation does not assume undue risk in providing such guarantees. ###
(b)Accessibility of Information Information pertaining to the status of a particular proposal shall be retrievable within the central system by appropriate categories, as determined appropriate by the Secretary.
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Sec. 403
DEPARTMENTAL ADMINISTRATION SYSTEM
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