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Code · U.S. Code · Title 50 - WAR AND NATIONAL DEFENSE · CHAPTER 55— DEFENSE PRODUCTION · SUBCHAPTER I— PRIORITIES AND ALLOCATIONS · § 4512

§ 4512. Hoarding of designated scarce materials

490 words·~2 min read·/usc/title-50/section-4512

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In order to prevent hoarding, no person shall accumulate
(1)in excess of the reasonable demands of business, personal, or home consumption, or
(2)for the purpose of resale at prices in excess of prevailing market prices, materials which have been designated by the President as scarce materials or materials the supply of which would be threatened by such accumulation. The President shall order published in the Federal Register, and in such other manner as he may deem appropriate, every designation of materials the accumulation of which is unlawful and any withdrawal of such designation. In making such designations the President may prescribe such conditions with respect to the accumulation of materials in excess of the reasonable demands of business, personal, or home consumption as he deems necessary to carry out the objectives of this chapter. This section shall not be construed to limit the authority contained in sections 4511 and 4554 of this title.
(Sept. 8, 1950, ch. 932, title I, § 102, 64 Stat. 799; July 31, 1951, ch. 275, title I, § 101(b), 65 Stat. 132.)
Termination of Section
For termination of section, see section 4564(a) of this title.
Connections27 cite this · traces to 5
Cited by 27 sections · top 18
statute-compilations
6 references not yet in our index
  • Sept. 8, 1950, ch. 932
  • 64 Stat. 799
  • July 31, 1951, ch. 275
  • 65 Stat. 132
  • act Sept. 8, 1950, ch. 932
  • 64 Stat. 798
Citation graph
cites case law
§ 4512
Hoarding of designated scarce materials
Fed. Reg.×14
U.S.C.×8
Bills×4
Stat. Comp.×1
ActSept. 8, 1950, ch. 932
Stat.64 Stat. 799
ActJuly 31, 1951, ch. 275
Stat.65 Stat. 132
Actact Sept. 8, 1950, ch. 932
Cites 11 · showing 10Cited by 27 across 4 sources
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