7 U.S.C. § 853 : US Code - Section 853: Terms and conditions of marketing agreements
Search 7 U.S.C. § 853 : US Code - Section 853: Terms and conditions of marketing agreements
Marketing agreements entered into pursuant to section 852 of this
title shall contain such one or more of the following terms and
conditions and no others as the Secretary finds, upon the basis of
the hearing provided for in section 852 of this title, will tend to
effectuate the policy declared in section 851 of this title:
(a) One or more of the terms and conditions specified in
subsection (7) of section 608c of this title.
(b) Terms and conditions requiring each manufacturer to have in
inventory in his own possession on April 1 of each year a reserve
supply of completed serum equivalent to not less than 40 per centum
of his previous year's sales of all serum, except that any
marketing agreement may provide that upon written application by a
manufacturer filed before September 1 of the preceding year, the
Secretary may fix another date between January 1 and May 1 on which
such manufacturer shall have such inventory if the Secretary finds
that such actions will tend to effectuate the purposes of section
851 of this title. The Secretary may impose such terms and
conditions upon granting any such application as he finds necessary
to effectuate the purposes of section 851 of this title. Serum used
in computing the required reserve supply of any manufacturer shall
not again be used in computing the required reserve supply of any
other manufacturer.
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