### Question
What does majority-controlled producer-based business venture mean?


### Answer
**Majority-controlled producer-based business venture** has the following meaning in *7 U.S.C. § 1627c*:

> a venture greater than 50 percent of the ownership and control of which is held by—


(i) 1 or more producers

#### Citation:
  - *7 U.S.C. § 1627c*
  - Heading: **CHAPTER 38-DISTRIBUTION AND MARKETING OF AGRICULTURAL PRODUCTS > SUBCHAPTER I-GENERAL PROVISIONS**

