PACA meaning in Governmental ?

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Answer:

What is Perishable Agricultural Commodities Act mean?

The Perishable Agricultural Commodities Act, 1930 (PACA), enacted 10 June 1930 and codified as Chapter 20A of Title 7 of the United States Code, is a law that authorizes the regulation of the buying and selling of fresh and frozen fruits and vegetables to prevent unfair trading practices and to assure that sellers will be paid promptly.

According to PACA, both produce sellers and buyers must pay fees for a license in order to do business, and these license fees are the source of funding for a trust program that resolves disputes and protects sellers from non-payment when buyers become bankrupt. Amendments to the Act in 1995 (Pub.L. 104–48 (text) (pdf), Sec. 3) include a 3-year phase out of the annual license fees for retailers and grocery wholesaler-dealers to be replaced by one-time fee. (7 U.S.C. § 499a et seq.).

reference
Full Form Category
Pro Am Collaborative Astronomy Academic & Science
Professional Alliance for Conservation of Agriculture Academic & Science
Per Annum Compounded Annually Accounts and Finance
Preliminary Assessment and Corrective Action Business
Pennsylvania Aggregates and Concrete Association Community
Preservation and Conservation Association Community
Professional Aerospace Contractors Association Community
Participatory Analysis for Community Action Community
Portslade Aldridge Community Academy Community
Play And Creative Activity Community
Pakistan American Cultural Association Community
People Against Car Accidents Community
Pagans Against Child Abuse Community
Picture Archive Council of America Community
Pan American Christian Academy Community
Priority Access and Channel Assignment Computer and Networking
Packard Automobile Club of Australia General
Plataforma Autocaravanas Autonoma General
Polling Agent Counting Agent General
Personal Alternative Communication Aid General
Polling Agent and Counting Agent General
Philadelphia Area Cooperative Alliance Governmental
Pasco Alliance for Community Associations Governmental
Pasco Alliance Of Community Associations Governmental
Perishable Agricultural Commodities Act Governmental
Programa Ambiental para Centroam?ica International
Programa Ambiental para Centroamérica International
Procuring Authority Competition Advocate Military and Defence
Pan African Community Association Regional
Partnership for Aflatoxin Control in Africa Regional

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Posted on 22 Nov 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Governmental
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Miscellaneous in Governmental


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