§ 3.1-26. (Repealed effective October 1, 2008) Further powers of Commissioner; delegation of such powers to S...
The Commissioner of Agriculture and Consumer Services is authorized and empowered to:
(a) Collect, compromise, adjust or cancel claims and obligations arising out of or administered under this chapter or under any mortgage, lease, contract or agreement entered into or administered pursuant to this chapter and, if in his judgment, necessary and advisable, pursue the same to final collection in any court having jurisdiction.
(b) Bid for and purchase at any execution, foreclosure or other sale, or otherwise to acquire property upon which the Commissioner of Agriculture and Consumer Services has a lien by reason of judgment or execution, or which is pledged, mortgaged, conveyed or which otherwise secures any loan or other indebtedness owing to or acquired by the Commissioner of Agriculture and Consumer Services under this chapter, and
(c) Accept title to any property so purchased or acquired; to operate or lease such property for such period as may be deemed necessary to protect the investment therein; and to sell or otherwise dispose of such property in a manner consistent with the provisions of this chapter.
The authority herein contained may be delegated to the Secretary of Agriculture of the United States with respect to funds or assets authorized to be administered and used by him under agreements entered into pursuant to § 3.1-24.
(Code 1950, § 3-27.4; 1952, c. 118; 1966, c. 702.)
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