---
kind: "section"
citation: "15 U.S.C. § 714n"
title: "15"
title_heading: "Commerce and Trade"
number: "714n"
heading: "Transfer of assets of Commodity Credit Corporation, a Delaware corporation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/714n"
units:
  - "Chapter 15 — Economic Recovery"
  - "Subchapter II — Commodity Credit Corporation"
---

# §714n. Transfer of assets of Commodity Credit Corporation, a Delaware corporation


The assets, funds, property, and records of Commodity Credit Corporation, a Delaware corporation, are transferred to the Corporation. The rights, privileges, and powers, and the duties and liabilities of Commodity Credit Corporation, a Delaware corporation, in respect to any contract, [agreement](/usc/15/7a.md?p=2), loan, account, or other obligation shall become the rights, privileges, and powers, and the duties and liabilities, respectively, of the Corporation. The enforceable claims of or against Commodity Credit Corporation, a Delaware corporation, shall become the claims of or against, and may be enforced by or against, the Corporation: Provided, That nothing in this subchapter shall limit or extend any period of limitation otherwise applicable to such claims against the Corporation.


## Source credit

(June 29, 1948, ch. 704, § 16, 62 Stat. 1075.)

## Notes

### Executive Documents

### Exceptions From Transfer of Functions

For exception of functions of corporations of Department of Agriculture from transfer of functions to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section 712a of this title.