Warehouse Act of 1916

E859692

The Warehouse Act of 1916 was a U.S. federal law that established a system of federal licensing and regulation for warehouses storing agricultural products, enabling farmers to use warehouse receipts as collateral for loans.

All labels observed (1)

Label Occurrences
Warehouse Act of 1916 canonical 1

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf United States federal statute ⓘ
agricultural law ⓘ
administeredBy Secretary of Agriculture ⓘ
United States Department of Agriculture ⓘ
aimedAt reducing credit constraints for farmers ⓘ
stabilizing agricultural markets ⓘ
appliesTo warehouses storing agricultural products ⓘ
beneficiary farmers ⓘ
warehouse operators ⓘ
country United States ⓘ
dateEnacted 1916-08-11 ⓘ
enables improved access to credit for farmers ⓘ
use of warehouse receipts as collateral for credit ⓘ
enactedInTheYear 1916 ⓘ
hasAmendment later amendments to expand covered commodities and modernize administration ⓘ
hasEffect increased security for lenders accepting warehouse receipts ⓘ
standardization of warehouse practices for agricultural commodities ⓘ
historicalContext Progressive Era agricultural and financial reforms ⓘ
inForce true ⓘ
jurisdiction federal government of the United States ⓘ
legalConceptUsed negotiable warehouse receipt ⓘ
legalForm public law ⓘ
legislativeBody United States Congress ⓘ
partOf United States agricultural credit and marketing framework ⓘ
policyArea agricultural policy ⓘ
commodity storage ⓘ
rural credit ⓘ
providesFor bonding requirements for warehouse operators ⓘ
federal licensing of warehouses ⓘ
inspection of warehouses ⓘ
issuance of negotiable warehouse receipts ⓘ
purpose to establish a system of federal licensing and regulation for warehouses storing agricultural products ⓘ
to facilitate the use of warehouse receipts as collateral for loans ⓘ
regulates federally licensed warehouses ⓘ
storage of agricultural commodities ⓘ
relatedTo Federal Farm Loan Act of 1916 ⓘ
United States agricultural credit system ⓘ
requires warehouses to issue receipts that accurately describe stored commodities ⓘ
warehouses to meet federal standards to obtain a license ⓘ
sectorAffected agriculture ⓘ
banking and credit ⓘ
signedBy Woodrow Wilson ⓘ
typeOfRegulation licensing regulation ⓘ
quality control regulation ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

64th United States Congress → enacted → Warehouse Act of 1916 ⓘ