Examples of PACA in a sentence
This program is carried out under the Perishable Agricultural Commodities Act (PACA) and the Produce Agency Act (PAA) and is funded by license fees.
To increase protection and avert financial losses to growers and licensed firms, the PACA was amended in 1984 to create a statutory trust.
Any interested party or group may request AMS assistance in settling disputes under the PACA.
Pay, not later than the date required for payment thereof, any outstanding invoices for perishable agricultural commodities purchased from any vendor except for a Borrower or a Subsidiary of a Borrower, provided that, if any such invoice requires payment upon delivery, payment shall be made on the date of delivery, and further provided that such payment may be made on a later date with respect to any vendor that has waived in writing its rights under PACA with respect to the applicable invoice.
None of the Borrowers or their Subsidiaries has violated or failed to comply with PACA.