[USC02] 7 USC 1386: Exemption from laws prohibiting interest of Members of Congress in contracts
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7 USC 1386: Exemption from laws prohibiting interest of Members of Congress in contracts Text contains those laws in effect on August 10, 2020
From Title 7-AGRICULTURECHAPTER 35-AGRICULTURAL ADJUSTMENT ACT OF 1938SUBCHAPTER II-LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING QUOTAS, AND MARKETING CERTIFICATESPart F-Miscellaneous Provisions and Appropriationssubpart i-miscellaneous

§1386. Exemption from laws prohibiting interest of Members of Congress in contracts

The provisions of section 6306 of title 41 and sections 431 and 432 of title 18 shall not be applicable to loans or payments made under this chapter (except under section 1383(a) of this title).

(Feb. 16, 1938, ch. 30, title III, §386, 52 Stat. 68 .)

Codification

In text, "section 6306 of title 41" substituted for "section 3741 of the Revised Statutes (U.S.C., 1934 edition, title 41, sec. 22)" on authority of Pub. L. 111–350, §6(c), Jan. 4, 2011, 124 Stat. 3854 , which Act enacted Title 41, Public Contracts.

"Sections 431 and 432 of title 18" substituted in text for "sections 114 and 115 of the Criminal Code of the United States (U.S.C., 1934 edition, title 18, secs. 204 and 205)" on authority of act June 25, 1948, ch. 645, 62 Stat. 683 , the first section of which enacted Title 18, Crimes and Criminal Procedure.

Wool Support Program

Wool support program, application of this section to, see note set out under section 713a–8 of Title 15, Commerce and Trade.