US Code

Public Law 119-102 (07/12/2026)

7 U.S.C. § 5901 to 5909

Repealed. Pub. L. 107–171, title VI, § 6201(a), May 13, 2002, 116 Stat. 418

Section text and notes

Pub. L. 101–624, title XVI, § 1657104 Stat. 3756 Pub. L. 104–127, title VII, § 721110 Stat. 1112 Section 5901, , , ; , , , provided that this subchapter may be cited as the “Alternative Agricultural Research and Commercialization Act of 1990” and specified purpose of and definitions relating to this subchapter.

Pub. L. 101–624, title XVI, § 1658104 Stat. 3757 Pub. L. 102–237, title IV, § 405(a)105 Stat. 1864 Pub. L. 104–127, title VII, § 722(a)110 Stat. 1113 Section 5902, , , ; , , ; , , , created the Alternative Agricultural Research and Commercialization Corporation.

Pub. L. 101–624, title XVI, § 1659104 Stat. 3759 Pub. L. 104–127, title VII, § 723(a)110 Stat. 1115 Section 5903, , , ; , , , related to board of directors, employees, and facilities.

Pub. L. 101–624, title XVI, § 1660104 Stat. 3761 Pub. L. 104–127, title VII, § 724110 Stat. 1119 Section 5904, , , ; , , , related to research and development grants, contracts, and agreements.

Pub. L. 101–624, title XVI, § 1661104 Stat. 3762 Pub. L. 104–127, title VII, § 725110 Stat. 1119 Section 5905, , , ; , , , related to commercialization assistance.

Pub. L. 101–624, title XVI, § 1662104 Stat. 3764 Pub. L. 104–127, title VII, § 726110 Stat. 1119 Section 5906, , , ; , , , related to general rules regarding provision of assistance.

Pub. L. 101–624, title XVI, § 1663104 Stat. 3765 Pub. L. 102–237, title IV, § 405(b)105 Stat. 1864 Pub. L. 104–127, title VII, § 727110 Stat. 1119 Section 5907, , , ; , , ; , , , related to Regional Centers.

Pub. L. 101–624, title XVI, § 1664104 Stat. 3766 Pub. L. 104–127, title VII, § 728110 Stat. 1120 Section 5908, , , ; , , , related to the Alternative Agricultural Research and Commercialization Revolving Fund.

Pub. L. 101–624, title XVI, § 1665Pub. L. 104–127, title VII, § 729110 Stat. 1121 Section 5909, , as added , , , related to procurement of alternative agricultural research and commercialization products.

Statutory Notes and Related Subsidiaries

Disposition and Use of Assets

Pub. L. 107–171, title VI, § 6201(b)116 Stat. 418

“(b)

Disposition of Assets .—

On the date of enactment of this Act []—
“(1)
the assets, both tangible and intangible, of the Alternative Agricultural Research and Commercialization Corporation (referred to in this section as the ‘Corporation’), including the funds in the Alternative Agricultural Research and Commercialization Revolving Fund as of the date of enactment of this Act, are transferred to the Secretary of Agriculture; and
“(2)
40 U.S.C. 471 notwithstanding the Federal Property and Administrative Services Act of 1949 ( et seq.) [see chapters 1 to 11 of Title 40, Public Buildings, Property, and Works, and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of Title 41, Public Contracts] and any other law that prescribes procedures for procurement, use, and disposal of property by a Federal agency, the Secretary shall have authority to manage and dispose of the assets transferred under paragraph (1) in a manner that, to the maximum extent practicable, provides the best value to the Federal Government.
“(c)

Use of Assets.—

“(1)

In general .—

Funds transferred under subsection (b), and any income from assets or proceeds from the sale of assets transferred under subsection (b), shall be deposited in an account in the Treasury, and shall remain available to the Secretary until expended, without further appropriation, to pay—
“(A)
any claims against, or obligations of, the Corporation; and
“(B)
the costs incurred by the Secretary in carrying out this section.
“(2)

Final disposition .—

On final disposition of all assets transferred under subsection (b), any funds remaining in the account described in paragraph (1) shall be transferred into miscellaneous receipts in the Treasury.”
, (c), , , 419, provided that:

Business Plan and Feasibility Study and Report

Pub. L. 104–127, title VII, § 730110 Stat. 1122 Pub. L. 107–171, title VI, § 6201(d)(2)116 Stat. 419 , , , provided for a business plan for, and a feasibility study and report on, the Alternative Agricultural Research and Commercialization Corporation, prior to repeal by , , .