[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1423.1]

[Page 465]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1423_COMMODITY CREDIT CORPORATION APPROVED WAREHOUSES--Table of Contents
 
Sec.  1423.1  Applicability.

    (a) This part sets forth the terms and conditions for approval of a 
warehouse operator by the Commodity Credit Corporation (CCC) to store 
and handle CCC interest commodities, which are owned by CCC and, as may 
be required under parts 1421, 1427 and 1435 of this title, with respect 
to commodities pledged as security for a loan made by CCC. CCC may 
require that a warehouse enter into a storage agreement under this part 
to store such commodities. The execution of such a storage agreement by 
CCC does not constitute a commitment that CCC will use the warehouse.
    (b) By entering into a storage agreement with CCC, the warehouse 
operator agrees to comply with the terms and conditions of the storage 
agreement.