The Commissioner, with the advice of the Board, may enter into agreements with the U.S. Department of Agriculture pursuant to § 2 (f) of the federal Rural Rehabilitation Corporation Trust Liquidation Act (40 U.S.C. § 440 et seq.), upon such terms and conditions and for such periods of time as may be mutually agreeable, authorizing the U.S. Department of Agriculture to accept, administer, expend, and use in the Commonwealth all or any part of such trust assets for carrying out the purposes of Titles I and II of the Bankhead-Jones Farm Tenant Act, in accordance with the applicable provisions of Title IV thereof, as now or hereafter amended, and may do any and all things necessary to effectuate and carry out the purposes of said agreements.
Code 1950, § 3-27.2; 1952, c. 118; 1966, c. 702, § 3.1-24; 2008, c. 860.
Structure Code of Virginia
Title 3.2 - Agriculture, Animal Care, and Food
Chapter 6 - Return and Future Administration of Assets of Virginia Rural Rehabilitation Corporation
§ 3.2-600. Commissioner designated to apply for and receive trust assets held by United States
§ 3.2-601. Agreements of Commissioner with U.S. Department of Agriculture
§ 3.2-602. Virginia Farm Loan Revolving Account
§ 3.2-603. Further powers of Commissioner; delegation to Secretary of Agriculture