Federal Register - February 27, 1952

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Fuente: Federal Register

Wednesday, February 27, 1952
CODIFICATION GUIDE Con.
Title 32A
Chapter H I OPS :
CPR 22, SR 12 ___________ ____
CPR 37_____
CPR 55 ______________________
CPR 56___________ _ ._ ________
GrCPR, SR 31___________
GCPR, SR 63, AMPR 16_______
GOR 9_____
Chapter V I NPA :
M-2__________ _______ ______
M-93___ .___ __________ 1______
Chapter X V II HHFA :


CR 2____L - _________ ___
CR 3_____________

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Title 45
Chapter V:
Part 505____________________

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Title 46
Chapter I :
Part 29 proposed ____________ 1727
Parts 30-35 proposed_____g . 1727
Part 38 proposed__________ 1727
Part 43 proposed______:___ __1727
Part 50 proposed ____________ 1727
Part 52 proposed _____
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P a r t55 proposed _________ 1727
Part 57 proposed_______
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Part 58 proposed ____________ 1727
Parts 66-69 proposed________ 1727
Part 77 proposed____________ 1727
Part 146 proposed___________ 1727
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Part 147 proposed__________
Part 162 proposed______
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Title 49
Chapter I :
Part 78
____I ________
Part 97________ _____ ,_________
Part 170_____ ___________ ;___ _

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Commodity Credit Corporation herein after referred to as CCC and the Production and Marketing Administra tion hereinafter referred to as PM A .
Sec.
643.655
643.656
643.657
643.658
643.659
643.660
643.661
643.662
643.663
643.664
643.665
643.666
643.667
643.668
643.669
643.670
643.671
643.672
643.673
643.674
643.675
643.676
643.677
643.678
643.679

Administration.
Availability of price support.
Eligible producer.
Eligible olive oil.
Disbursement of loans.
Approved lending agencies.
Approved storage.
Sampling and chemical analysis of olive oil.
Maturity date of loans and period of notification to sell under pur chase agreement.
Applicable forms.
Determination of quantity.
Liens.
Service charges.
Set-offs.
Interest rate.
Transfer of producers interest.
Insurance.
Loss or damage to olive oil.
Personal liability of the producer.
Release of olive oil under loan.
Liquidation of loans and delivery under purchase agreement.
Purchase of notes.
Storing and handling charges.
Support prices.
PMA Commodity office.

A uth o r ity : 643.655 to 643.679 Issued Under sec. 4, 62 Stat. 1070, as amended; 15
U. S. C. Sup., 714b. Interpret or apply secs.
4,5, 62 Stat. 1070, as amended, 1072, secs. 301, 401, 63 Stat. 1053, 1054; 15 U. S. C. Sup., 714b, 714c, 7 U. S. C. Sup., 1447, 1421.

FEDERAL REGISTER
643.655 Administration. The pro gram will be administered under the general direction and supervision of the President, CCC. In the field, the pro gram will be carried out through State and county PMA Committees herein after referred to as State and county committees, and PM A commodity o f fices. Forms will be distributed through the offices of State and county com mittees. County committees will exam ine and approve purchase agreement and loan documents and determine the eli gibility of producers and of olive oil un der the program. The county committee may designate in writing one or more of its employees to perform such functions on behalf of the committee. The names of the employees delegated to approve documents on behalf o f the county com mittee shall be submitted to the State committee. State and county commit tees and PMA Commodity offices do not have authority to modify or waive any of the provisions of 643.655 to 643.679
or any amendments or supplements hereto.
643.656 Availability of price sup port a Methods of price support.
Price support will be available to olive producers through purchase agreements and non-recourse loans on olive oil stored in approved farm storage or stored in approved warehouses.
b Area. This program will be avail able in the States of California and Arizona.
c When to apply. Purchase agree ments and loan documents covering olive oil will be accepted by the county com mittee through April 30, 1952.
d Where to apply. Application for price support should be made through the office of the county committee which keeps the farm program records for the farm.

1707
fornia or Arizona producers: Provided, That:
1 The beneficial interest in all olive oil processed by the cooperative from oil olives delivered to it by its producer members is and always has been in such producer members or in such producer members and former producers whom such producer members succeeded either as landowner, landlord, tenant or share cropper, before such olives were har vested;
2 The major part of the olive oil marketed by the cooperative is produced from oil olives delivered by members who are eligible producers;
3 The members share proportion ately in the proceeds from marketings according to the quantity of oil olives each delivers to the cooperative;
4 The association has the legal right to pledge or mortgage the olive oil as security for a loan as well as the authority to sell such olive oil under purchase agreement.
c The following special conditions of price support shall apply to coopera tive associations of producers:
1 The cooperative must maintain a record of the total quantity of olive oil processed by it from oil olives obtained from all sources and a separate record of the quantity of eligible olive oil proc essed from oil olives delivered to the cooperative by eligible producer mem bers. The books of such associations shall be made available to CCC for in spection at all reasonable times.
2 The cooperative shall keep in ap proved storage at all times a quantity o f eligible olive oil which is not less than the unredeemed quantity of olive oil under loan.
3 The total quantity of eligible olive oil placed under loan and delivered un der purchase agreements shall not ex ceed the quantity of eligible olive oil shown on the books of the cooperative as having been processed from oil olives delivered to it by its eligible producer members.

643.657 Eligible producer, a An eligible producer shall be an individual, partnership, corporation, estate, or other legal entity producing oil olives of the 1951 crop as landowner, landlord, tenant 643.658 Eligible olive oil. All olive or sharecropper. The beneficial interest oil placed under a farm storage loan in the oil olives and the resultant olive must be drummed at the time the oil oil must be in the producer tendering is placed under loan. Olive oil delivered olive oil for loan, or purchase under a to CCC in liquidation of a farm storage purchase agreement, and must have al loan or under a purchase agreement ways been in him or in him and a former must be drummed at the time of delivery.
producer whom he succeeded either as Olive oil delivered to CCC by an ap landowner, landlord, tenant or share proved warehouse must be in drums cropper before the olives were harvested.
when delivered.
Any group of eligible producers may des a Grades. Olive oil eligible for loan ignate in writing in the form or forms or delivery under purchase agreement prescribed by CCC, an agent to act in their behalf jointly in obtaining price must have been processed from 1951
support under this program. A copy of crop olives produced in California or each designation of agent signed by one Arizona, must be virgin olive oil and or more producers and indicating the meet the requirements for U. S. GRADE
maximum quantity of olive oil on which A as defined in the U. S. Standards each producer wishes price support, must for Grades of Olive Oil, issued by the be delivered to the county committee Department of Agriculture, effective before any purchase agreement or loan March 22, 1948 13 F. R. 763.
documents on behalf of the group are b Approved type drums. Approved approved by the county committee:
type drums are new, 50 to 55 gallon ca b Any cooperative association which pacity, 18 guage steel drums suitable for normally handles the oil olives of its pro vegetable oils, fabricated with side or ducer-members shall also be considered top bung holes, and two rolling hoops.
an eligible producer with respect to c Filling and sealing drums. All eligible olive oil processed by it from drums must be completely filled with 1951 crop olives delivered to it by Caliolive oil and sealed air tight.

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Federal Register - February 27, 1952

TítuloFederal Register

PaísEstados Unidos de América

Fecha27/02/1952

Nro. de páginas38

Nro. de ediciones7853

Primera edición14/03/1936

Ultima edición10/09/2026

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