### Statutory Notes
#### Codification
Section, act July 10, 1954, ch. 469, title III, § 310, formerly § 303, 68 Stat. 459, as amended and renumbered, which related to bartering authority of Secretary, was transferred to [section 1727g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1727g&num=0&edition=prelim).
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Stable record: federal_law:legal_authorities:record_usc_0e8260ae8b1f0696c7d5a1ce Source file: Laws/federal/codes/united-states-code/title-7/section-1701-transferred--070e1b8b4a.md Pages: Not recorded – Not recorded Passage SHA-256: 94635b02d704672c5888283c6e6086d9de014ae38e18ded6e7d968d51c425e27 Retained source evidence SHA-256: da2b101383aac21ed8707519330ee4e5ec39b248cb1d16bcbcb49c58e0818455
Source location: Title 7, Chapter 41, § 1701; chapter-041-food-for-peace.md
Stored source content
### Statutory Notes
#### Codification
Section, act July 10, 1954, ch. 469, title III, § 310, formerly § 303, 68 Stat. 459, as amended and renumbered, which related to bartering authority of Secretary, was transferred to [section 1727g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1727g&num=0&edition=prelim).
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
§ 1701. Economic assistance and food security
(a) In general
The President shall establish a program under
this subchapter to provide for the sale of agri-
cultural commodities to developing countries
and private entities for dollars on credit terms,
or for local currencies (including for local cur-
rencies on credit terms) for use under this sub-
chapter. Such program shall be implemented by
the Secretary.
(b) General authority
To carry out the policies and accomplish the
objectives described in section 1691 of this title,
the Secretary may negotiate and execute agree-
ments with developing countries and private en-
tities to finance the sale and exportation of ag-
ricultural commodities to such countries and
entities.
(July 10, 1954, ch. 469, title I, § 101, 68 Stat. 455;
Pub. L. 85–931, § 1, Sept. 6, 1958, 72 Stat. 1790;
Pub. L. 87–128, title II, § 201(1), Aug. 8, 1961, 75
Stat. 306; Pub. L. 88–205, pt. IV, § 403(a), Dec. 16,
1963, 77 Stat. 390; Pub. L. 88–638, § 1(1), (2), Oct. 8,
1964, 78 Stat. 1035; Pub. L. 89–808, § 2(B), Nov. 11,
1966, 80 Stat. 1526; Pub. L. 97–113, title IV, § 401(1),
Dec. 29, 1981, 95 Stat. 1537; Pub. L. 99–198, title
XI, § 1111(c), Dec. 23, 1985, 99 Stat. 1474; Pub. L.
100–202, § 8, Dec. 22, 1987, 101 Stat. 1329–447; Pub.
L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat.
3633; Pub. L. 104–127, title II, § 202, Apr. 4, 1996,
110 Stat. 951; Pub. L. 110–246, title III, § 3004(b),
June 18, 2008, 122 Stat. 1822.)
Editorial Notes
AMENDMENTS
2008—Pub. L. 110–246 substituted ‘‘Economic assist-
ance and food security’’ for ‘‘Trade and development as-
sistance’’ in section catchline.
1996—Subsec. (a). Pub. L. 104–127, § 202(1), inserted
‘‘and private entities’’ after ‘‘developing countries’’.
Subsec. (b). Pub. L. 104