Title 7, AgricultureRelease 119-110

§4536 Dairy Research Trust Fund

Title 7 › CHAPTER 76 — DAIRY RESEARCH AND PROMOTION › SUBCHAPTER II — DAIRY RESEARCH PROGRAM › § 4536

Last updated Sep 22, 2026|Official source

Summary

A Dairy Research Trust Fund can be set up in the U.S. Treasury if the Institute is created and a dairy products research order is active that fiscal year. Up to $100,000,000 may be put into the Fund or moved there from the Commodity Credit Corporation. The Secretary of the Treasury must invest the Fund in safe government, state, or bank securities. Interest and dividends must go back into the Fund and be reinvested, subject to approval rules. Money in the Fund, other than the $100,000,000, can be spent by the board for allowed activities if the Secretary approves.

Full Legal Text

Title 7, §4536

Agriculture, Source: USLM XML via OLRC

(a)Establishment

There may be established in the Treasury of the United States a trust fund to be known as the “Dairy Research Trust Fund” if the Institute is established under section 4532 of this title and a dairy products research order issued under section 4533 of this title is effective during such fiscal year.

(b)Authorization of appropriations; transfer of moneys; investments

(1)There is authorized to be appropriated to the Fund or transferred from moneys available to the Commodity Credit Corporation for deposit in the Fund, $100,000,000.

(2)Moneys deposited in the Fund under paragraph (1) shall be invested by the Secretary of the Treasury in obligations of the United States or any agency thereof, in general obligations of any State or any political subdivision thereof, in any interest-bearing account or certificate of deposit of a bank that is a member of the Federal Reserve System, or in obligations fully guaranteed as to principal and interest by the United States. Interest, dividends, and other payments that accrue from such investments shall be deposited in the Fund and also shall be so invested, subject to subsection (c).

(c)Availability of moneys for authorized and approved activities

Moneys in the Fund, other than moneys appropriated or transferred under paragraph (1) of subsection (b), shall be available to the board, in such amounts, and for such activities authorized by this subchapter, as the Secretary may approve.

Reference

Citations & Metadata

Citation

7 U.S.C. § 4536

Title 7, Agriculture

Last Updated

Sep 22, 2026

Release point: 119-110