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LegalText 16 U.S.C. § 590l Expansion of domestic and foreign markets for agricultural commodities; advances for crop insurance; transfer of funds to corporation us united_states_code code_section 16 CONSERVATION 3B SOIL CONSERVATION 590l 16 U.S.C. § 590l current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s590l data/legal/raw/us/code/title-16/usc16.xml 5d4ff07cd1031eba6b392659d7b2f66a3eb7dde0f33135095f7a8b6ca826c147 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 712f03d8cd9ed4ddf21dc47d4dfd98993675cd85eee0cc26d67ea10e3b4f301f 2026-07-04 official
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16 U.S.C. § 590l - Expansion of domestic and foreign markets for agricultural commodities; advances for crop insurance; transfer of funds to corporation

Text

(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, § 12, as added Feb. 29, 1936, ch. 104, § 1, 49 Stat. 1151; amended Mar. 25, 1939, ch. 15, 53 Stat. 550; July 2, 1940, ch. 521, § 1, 54 Stat. 727.)

Notes

Editorial Notes

Amendments1940—Subsec. (b). Act July 2, 1940, inserted last sentence. 1939—Act Mar. 25, 1939, designated existing provisions as subsec. (a) and added subsec. (b).

Executive Documents

Transfer of Functions Administration of program of Federal Crop Insurance Corporation transferred to Secretary of Agriculture by Reorg. Plan No. 3 of 1946, § 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.