Legal

Issuer Disclosures

Last updated: July 2026 (draft)

Draft — this document is pre-launch scaffolding and is pending review by counsel (plan task A9). It is published for design review only and has no legal effect.

1. Issuer identification

USDA (Atlas Verified USD) is issued by [Atlas issuing entity], operating under [charter/license to be determined under the GENIUS Act federal or state-qualified pathway]. Entity details, registration numbers, and regulator contact information publish here at launch.

2. Not government-backed; not insured

USDA is not legal tender and is not issued, backed, or guaranteed by the United States government. Holdings are not FDIC- or SIPC-insured. The USDA ticker implies no affiliation with the US Department of Agriculture.

3. Reserve composition and reporting

Reserves are held 1:1 in GENIUS Act permitted assets. Monthly composition reports are examined by a registered public accounting firm and certified by the CEO and CFO; see the Transparency hub for the archive.

4. Redemption rights

Verified holders may redeem USDA 1:1 for US dollars per the published Redemption Policy. Fee schedule changes are posted 30 days in advance.

5. Complaints and contact

Complaint procedures and regulator escalation contacts publish here at launch, as required by applicable regulation.