HR 10123 · 94th Congress · Agriculture and Food

A bill to limit the liability of a broker who sells any agricultural commodity on behalf of his principal when that commodity serves as security for any loan made, insured, or guaranteed under a program administered by the Farmers Home Administration.

Introduced 1975-10-09· Sponsored by Rep. Armstrong, William L. [R-CO-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Agriculture.(1975-10-09)

Plain Language Summary

[AI summary unavailable — showing source text] States that the liability of a broker who sells any agricultural commodity on behalf of his principal when that commodity serves as security for any loan made, insured, or guaranteed under a program administered by the Farmers Home Administration shall be limited to the extent of any commission received by the broker as a result of the sale.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (7)

2 Democrats5 Republicans