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U.S. Code as of:
01/03/05
Section 2019. Redemption of coupons
Regulations issued pursuant to this chapter shall provide for the
redemption of coupons accepted by retail food stores through
approved wholesale food concerns or through financial institutions
which are insured by the Federal Deposit Insurance Corporation or
the Federal Savings and Loan Insurance Corporation, or which are
insured under the Federal Credit Union Act [12 U.S.C. 1751 et seq.]
and have retail food stores or wholesale food concerns in their
field of membership, with the cooperation of the Treasury
Department, except that retail food stores defined in section
2012(k)(4) of this title shall be authorized to redeem their
members' food coupons prior to receipt by the members of the food
so purchased, and publicly operated community mental health centers
or private nonprofit organizations or institutions which serve
meals to narcotics addicts or alcoholics in drug addiction or
alcoholic treatment and rehabilitation programs, public and private
nonprofit shelters that prepare and serve meals for battered women
and children, and public or private nonprofit group living
arrangements that serve meals to disabled or blind residents, shall
not be authorized to redeem coupons through financial institutions
which are insured by the Federal Deposit Insurance Corporation or
the Federal Savings and Loan Insurance Corporation or the Federal
Credit Union Act. Notwithstanding the preceding sentence, a center,
organization, institution, shelter, group living arrangement, or
establishment described in that sentence may be authorized to
redeem coupons through a financial institution described in that
sentence if the center, organization, institution, shelter, group
living arrangement, or establishment is equipped with 1 or more
point-of-sale devices and is operating in an area in which an
electronic benefit transfer system described in section 2016(i) of
this title has been implemented. No financial institution may
impose on or collect from a retail food store a fee or other charge
for the redemption of coupons that are submitted to the financial
institution in a manner consistent with the requirements, other
than any requirements relating to cancellation of coupons, for the
presentation of coupons by financial institutions to the Federal
Reserve banks.
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