CLINTON SIGNS PACA CHANGE INTO LAW

WASHINGTON (FNS) -- A long-sought reform of the Perishable Agriculture Commodities Act, or PACA, became law when President Clinton signed it last month.PACA was created 65 years ago to govern the conduct of the produce business and ensure prompt payment to suppliers, but had fallen under sharp criticism in recent times as obsolete and unfair to retailers, who said they were paying into a system from

WASHINGTON (FNS) -- A long-sought reform of the Perishable Agriculture Commodities Act, or PACA, became law when President Clinton signed it last month.

PACA was created 65 years ago to govern the conduct of the produce business and ensure prompt payment to suppliers, but had fallen under sharp criticism in recent times as obsolete and unfair to retailers, who said they were paying into a system from which they derived little or no benefit.

The signing of the new compromise la

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