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Code · U.S. Code · Title 7 - AGRICULTURE · CHAPTER 41— FOOD FOR PEACE · SUBCHAPTER III— EMERGENCY AND PRIVATE ASSISTANCE PROGRAMS · § 1723

§ 1723. Generation and use of currencies by private voluntary organizations and cooperatives

1,644 words·~7 min read·/usc/title-7/section-1723

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Local sale and barter of commodities An agreement entered into between the Administrator and a private voluntary organization or cooperative to provide food assistance through such organization or cooperative under this subchapter may provide for the sale or barter in 1 or more recipient countries, or 1 or more countries in the same region, of the commodities to be provided under such agreement to generate proceeds to be used as provided in this section.
(b)Description of intended uses A private voluntary organization or cooperative submitting a proposal to enter into a non-emergency food assistance agreement under this subchapter shall include in such proposal a description of the intended uses of any proceeds that may be generated through the sale, in 1 or more recipient countries, or in 1 or more countries in the same region, of any commodities provided under an agreement entered into between the Administrator and the organization or cooperative.
(c)Use Proceeds generated from any partial or full sale or barter of commodities by a private voluntary organization or cooperative under a non-emergency food assistance agreement under this subchapter may—
(1)be used to transport, store, distribute, and otherwise enhance the effectiveness of the use of agricultural commodities provided under this subchapter;
(2)be used to implement income-generating, community development, health, nutrition, cooperative development, agricultural, and other developmental activities within 1 or more recipient countries or within 1 or more countries in the same region; or
(3)be invested, and any interest earned on such investment may be used, for the purposes for which the assistance was provided to that organization, without further appropriation by Congress.
(July 10, 1954, ch. 469, title II, § 203, 68 Stat. 458; May 28, 1956, ch. 327, title II, § 208(c), 70 Stat. 201; Pub. L. 85–128, § 1(3), Aug. 13, 1957, 71 Stat. 345; Pub. L. 86–341, title I, § 3, Sept. 21, 1959, 73 Stat. 606; Pub. L. 86–472, ch. VI, § 601(b), May 14, 1960, 74 Stat. 140; Pub. L. 87–128, title II, § 202(1), Aug. 8, 1961, 75 Stat. 307; Pub. L. 88–638, § 1(13), (14), Oct. 8, 1964, 78 Stat. 1037; Pub. L. 89–808, § 2(C), Nov. 11, 1966, 80 Stat. 1535; Pub. L. 95–88, title II, § 209, Aug. 3, 1977, 91 Stat. 548;
Pub. L. 98–473, title III, § 305, Oct. 12, 1984, 98 Stat. 2195; Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat. 3638; Pub. L. 104–127, title II, § 208, Apr. 4, 1996, 110 Stat. 954; Pub. L. 107–171, title III, § 3003, May 13, 2002, 116 Stat. 281; Pub. L. 110–246, title III, § 3009, June 18, 2008, 122 Stat. 1824; Pub. L. 115–334, title III, § 3103, Dec. 20, 2018, 132 Stat. 4604.)
Connections31 cite this · traces to 6
Cited by 31 sections · top 30
statutes-at-large
53 references not yet in our index
  • July 10, 1954, ch. 469
  • 68 Stat. 458
  • May 28, 1956, ch. 327
  • 70 Stat. 201
  • Pub. L. 85–128, § 1(3)
  • 71 Stat. 345
  • Pub. L. 86–341, title I, § 3
  • 73 Stat. 606
  • Pub. L. 86–472
  • 74 Stat. 140
  • Pub. L. 87–128, title II, § 202(1)
  • 75 Stat. 307
  • Pub. L. 88–638, § 1(13)
  • 78 Stat. 1037
  • Pub. L. 89–808, § 2(C)
  • 80 Stat. 1535
  • Pub. L. 95–88, title II, § 209
  • 91 Stat. 548
  • Pub. L. 98–473, title III, § 305
  • 98 Stat. 2195
  • Pub. L. 101–624, title XV, § 1512
  • 104 Stat. 3638
  • Pub. L. 104–127, title II, § 208
  • 110 Stat. 954
  • Pub. L. 107–171, title III, § 3003
  • 116 Stat. 281
  • Pub. L. 110–246, title III, § 3009
  • 122 Stat. 1824
  • 132 Stat. 4604
  • Pub. L. 110–246
  • Pub. L. 107–171, § 3003(1)
  • Pub. L. 107–171, § 3003(2)
  • Pub. L. 107–171, § 3003(3)
  • Pub. L. 107–171, § 3003(4)
  • Pub. L. 107–171, § 3003(5)(A)
  • Pub. L. 107–171, § 3003(5)(B)
  • Pub. L. 107–171, § 3003(5)(C)
  • Pub. L. 104–127, § 208(1)
  • Pub. L. 104–127, § 208(2)
  • Pub. L. 104–127, § 208(3)
+ 13 more
Citation graph
cites case law
§ 1723
Generation and use of currencies by private voluntary organizations and cooperatives
Stat.×16
Bills×10
Stat. Comp.×2
U.S.C.×2
Pub. L.×1
ActJuly 10, 1954, ch. 469
Stat.68 Stat. 458
ActMay 28, 1956, ch. 327
Stat.70 Stat. 201
Pub. L.Pub. L. 85–128, § 1(3)
Cites 59 · showing 11Cited by 31 across 5 sources
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