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U.S. Code as of:
01/19/04
Section 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.
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