7 U.S.C. § 1401 : US Code - Section 1401 TO 1407: Omitted

Search 7 U.S.C. § 1401 : US Code - Section 1401 TO 1407: Omitted

CODIFICATION                           
Section 1401, act Feb. 16, 1938, ch. 30, title IV, Sec. 401, 52
Stat. 70, authorized an appropriation of $1,800,000 to accomplish
the purposes declared in former provisions of this subchapter and
provided for payments by Secretary of Treasury upon order of
Secretary of Agriculture.
Section 1402, act Feb. 16, 1938, ch. 30, title IV, Sec. 402, 52
Stat. 70, provided for deposit of appropriation to credit of the
Secretary of Agriculture for disbursement for purposes stated in
former provisions of this subchapter.
Section 1403, acts Feb. 16, 1938, ch. 30, title IV, Sec. 403, 52
Stat. 70; Apr. 7, 1938, ch. 107, Sec. 13, 52 Stat. 204, provided
allotment of funds to manager of cotton pool for purchase of pool
participation trust certificates, to be tendered by lawful holder
and owner thereof on or before May 1, 1938, at rate of $1 per five-
hundred-pound bale, payment of costs and expenses incident to such
purchases and covering into the Treasury as miscellaneous receipts
balance remaining at expiration of purchase period.
Section 1404, acts Feb. 16, 1938, ch. 30, title IV, Sec. 404, 52
Stat. 71; Apr. 7, 1938, ch. 107, Sec. 14, 52 Stat. 204, extended
the time limit for purchase of outstanding pool participation
certificates to and including July 31, 1938, authorized issuance of
rules and regulations and prohibited purchases from other than
record holders on or before May 1, 1938.
Section 1404a, acts June 16, 1938, ch. 464, title I, 52 Stat.
747; Apr. 5, 1939, ch. 44, 53 Stat. 572, extended the time limit
for purchase of certificates to and including Sept. 30, 1939 and
made the date of May 1, 1938 inapplicable.
Section 1404b, act June 16, 1938, ch. 464, title I, 52 Stat. 747,
provided for issuance of regulations for payments on participation
trust certificates in case of death, incompetence or disappearance
of payee.
Section 1405, act Feb. 16, 1938, ch. 30, title IV, Sec. 405, 52
Stat. 71, authorized continuance of 1933 cotton producers pool as
long as necessary to effectuate purposes of former provisions of
this subchapter and use of funds for payment of expenses.
Section 1406, act Feb. 16, 1938, ch. 30, title IV, Sec. 406, 52
Stat. 71, prohibited purchase of certificates after expiration of
time limit.
Section 1407, acts Feb. 16, 1938, ch. 30, title IV, Sec. 407, 52
Stat. 71; Apr. 7, 1938, ch. 107, Sec. 15, 52 Stat. 204, provided
for payment by assignee of certificate transferred subsequent to
May 1, 1937, limited to the purchase price paid by the assignee,
with interest at rate of four per centum from date of purchase, not
exceeding an amount of $1 per bale, payment to be based upon
affidavit of assignee.