§ 713 to 713a-3. — Omitted or Repealed.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC713]
TITLE 15--COMMERCE AND TRADE
CHAPTER 15--ECONOMIC RECOVERY
SUBCHAPTER I--GENERALLY
Sec. 713. Omitted
Codification
Section, acts Jan. 31, 1935, ch. 2, Sec. 7, 49 Stat. 4; Jan. 26,
1937, ch. 6, Sec. 2(a), 50 Stat. 5; Mar. 4, 1939, ch. 5, Sec. 1(a), 53
Stat. 510; Dec. 23, 1943, ch. 383, 57 Stat. 643, was omitted as
terminated by its own terms on June 30, 1948. It related to the
Commodity Credit Corporation, which was recreated as a Federal
corporation by section 714 of this title.
Subsec. (a), continuing the Commodity Credit Corporation, a Delaware
corporation, until the close of business on June 30, 1948, authorizing
the Corporation to use all its assets (including capital and net
earnings therefrom and all moneys allocated to or borrowed by it) in the
exercise of its functions as a United States agency, including the
making of loans on agricultural commodities, and requiring the
Corporation to maintain complete and accurate books of account and to
determine the procedures to be followed in the transaction of corporate
business, was superseded by sections 714, 714b(a), (d), (l), and 714f of
this title.
Initial proviso clause of subsec. (b), ``That the Corporation shall
continue to have the authority to make final and conclusive settlement
and adjustment of any claims by or against the Corporation or the
accounts of its fiscal officers'' was superseded by section 714b(k) of
this title.
Remainder of section, relating to audit of financial transactions of
the Corporation, was superseded by sections 841 to 870 of former Title
31 [see chapter 91 of Title 31, Money and Finance]. See, particularly,
sections 846, 850 and 851 of former title 31 [31 U.S.C. 9101(3), 9105
and 9106].
Repeals
Act July 1, 1941, ch. 270, Sec. 1, 55 Stat. 498, formerly classified
to this section, was repealed by Pub. L. 89-554, Sec. 8(a), Sept. 6,
1966, 80 Stat. 651.
Acts July 16, 1943, ch. 241, Sec. 1, 57 Stat. 556; Feb. 28, 1944,
ch. 71, Sec. 1, 58 Stat. 105; Apr. 12, 1945, ch. 54, Sec. 5, 59 Stat.
51; June 30, 1947, ch. 164, 61 Stat. 201, formerly classified to this
section, were repealed by Pub. L. 89-554, Sec. 8(a), Sept. 6, 1966, 80
Stat. 652, 654.
Dissolution of Corporation
Secretary of Agriculture authorized to dissolve the Delaware
corporation under authority of section 714o of this title.
Transfer of Assets of Corporation
Assets, funds, liabilities, etc., of Delaware corporation
transferred to newly created Commodity Credit Corporation under
authority of section 714n of this title.
Subsidy Operations
Act July 25, 1946, ch. 671, Sec. 6, 60 Stat. 671, provided that the
last paragraph of section 902(e) of Appendix to Title 50, War and
National Defense, should not apply to operations of the Commodity Credit
Corporation and the former Reconstruction Finance Corporation for the
fiscal year ending June 30, 1947, and placed limitations on certain
subsidy payments made during such fiscal year June 30, 1947.
Increase in Certain Subsidy Payments
Act July 31, 1945, ch. 332, 59 Stat. 506, provided that subsidy
payments with respect to livestock, wheat, and butter, shall be
increased to certain amounts from time to time by the Secretary of
Agriculture.
Allocation of Livestock and Poultry Feeds
Act July 25, 1946, ch. 671, Sec. 15, 60 Stat. 677, directed
Secretary of Agriculture to allocate livestock and poultry feeds through
the Commodity Credit Corporation when an emergency condition arises with
regard to such feeds.
Purchases of Wheat Prior to April 1, 1947
Act July 25, 1946, ch. 671, Sec. 16, 60 Stat. 677, provided that the
Commodity Credit Corporation shall offer to purchase the wheat of
producers, subject to certain limitations, which wheat has been required
to be sold pursuant to Government order and was delivered to a grain
elevator prior to April 1, 1947.
