What is PACA?
PACA is an acronym for the Perishable Agricultural Commodities Act of 1930, a Federal Law (“PACA statute”), which provides a comprehensive scheme for the regulation of buyers and sellers of fruits and vegetables. It also refers to the branch of the United States Department of Agriculture (“PACA branch”), which administers the PACA statute and regulates the produce industry.
Related Questions
- I am not a USDA licensee. How do I protect my PACA trust rights in the apples that I grew and sold to a receiver in New York, who is now past due on his payment?
- Is it true that only USDA licensed brokers, dealers, and commission merchants may protect their PACA trust rights by printing special language on their invoices?
- What does PACA cover?