§ 590l. — Expansion of domestic and foreign markets for agricultural commodities; advances for crop insurance; transfer of funds to corporation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC590l]
TITLE 16--CONSERVATION
CHAPTER 3B--SOIL CONSERVATION
Sec. 590l. Expansion of domestic and foreign markets for
agricultural commodities; advances for crop insurance; transfer
of funds to corporation
(a) Market expansion and surplus disposition
Whenever the Secretary finds that the exercise of the powers
conferred in this section will tend to carry out the purpose specified
in clause (5) of section 590g(a) of this title, or will tend to provide
for and maintain a continuous and stable supply of agricultural
commodities adequate to meet consumer demand at prices fair to both
producers and consumers, or both, he shall use such part as he deems
necessary of the sums appropriated to carry out this chapter for the
expansion of domestic and foreign markets or for seeking new or
additional markets for agricultural commodities or the products thereof
or for the removal or disposition of surpluses of such commodities or
the products thereof.
(b) Advances for premiums
The Secretary is authorized to make advances to producers for the
purpose of assisting them to insure their crops with the Federal Crop
Insurance Corporation. The Secretary shall remit the amount of any such
advances to a producer directly to such Corporation in payment of the
premium on the insurance for which the producer has made application.
Advances shall only be made to producers who are participating or who
agree to participate in a program formulated pursuant to section 590h of
this title. Except as otherwise provided in this subsection, the terms
and conditions of such advances shall be fixed by the Secretary. In
carrying out the provisions of this subsection, the Secretary may
transfer to the Federal Crop Insurance Corporation, prior to the
execution of applications for insurance or requests for advances by
producers, the funds estimated as necessary to cover the advances which
will be requested for the payment of premiums under a crop-insurance
program, and any portion of such funds not used for advances to
producers under such program shall be returned to the Secretary by the
Federal Crop Insurance Corporation.
(Apr. 27, 1935, ch. 85, Sec. 12, as added Feb. 29, 1936, ch. 104,
Sec. 1, 49 Stat. 1151; amended Mar. 25, 1939, ch. 15, 53 Stat. 550; July
2, 1940, ch. 521, Sec. 1, 54 Stat. 727.)
Amendments
1940--Subsec. (b). Act July 2, 1940, inserted last sentence.
1939--Act Mar. 25, 1939, designated existing provisions as subsec.
(a) and added subsec. (b).
Transfer of Functions
Administration of program of Federal Crop Insurance Corporation
transferred to Secretary of Agriculture by Reorg. Plan No. 3 of 1946,
Sec. 501, eff. July 16, 1946, 11 F.R. 7877, 60 Stat. 1100, set out in
the Appendix to Title 5, Government Organization and Employees.
Federal Crop Insurance Corporation consolidated with other agencies
into Agricultural Conservation and Adjustment Administration for
duration of World War II, see Ex. Ord. No. 9069, Feb. 23, 1942.
Functions respecting lands under jurisdiction of Department of the
Interior, see Transfer of Functions note set out under section 590a of
this title.
Section Referred to in Other Sections
This section is referred to in sections 590g, 590m of this title;
title 7 sections 1388, 1391, 1392; title 12 section 1150a.
