7 U.S.C. § 2404

Current through P.L. 118-59 (published on www.congress.gov on 05/07/2024)
Section 2404 - Public interest in wide usage

The Secretary may declare a protected variety open to use on a basis of equitable remuneration to the owner, not less than a reasonable royalty, when the Secretary determines that such declaration is necessary in order to insure an adequate supply of fiber, food, or feed in this country and that the owner is unwilling or unable to supply the public needs for the variety at a price which may reasonably be deemed fair. Such declaration may be, with or without limitation, with or without designation of what the remuneration is to be; and shall be subject to review as under section 2461 or 2462 of this title (any finding that the price is not reasonable being reviewable), and shall remain in effect not more than two years. In the event litigation is required to collect such remuneration, a higher rate may be allowed by the court.

7 U.S.C. § 2404

Pub. L. 91-577, title II, §44, Dec. 24, 1970, 84 Stat. 1547; Pub. L. 103-349, §13(f), Oct. 6, 1994, 108 Stat. 3143.

EDITORIAL NOTES

AMENDMENTS1994- Pub. L. 103-349 substituted "the Secretary" for "he" before "determines" in first sentence.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATE OF 1994 AMENDMENT Amendment by Pub. L. 103-349 effective 180 days after Oct. 6, 1994, see section 15 of Pub. L. 103-349 set out as a note under section 2401 of this title.