FEDERAL · 7 U.S.C. · Chapter 20A
Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty
Current through Pub. L. 119-102
Every commission merchant, dealer, and broker shall keep such accounts, records, and memoranda as fully and correctly disclose all transactions involved in his business, including the true ownership of such business by stockholding or otherwise. If such accounts, records, and memoranda are not so kept, the Secretary may publish the facts and circumstances and/or, by order, suspend the license of the offender for a period not to exceed ninety days.
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7 U.S.C. § 499i (Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Wayne Cusimano, Inc. v. John R. Block, Secretary, United States Department of Agriculture
692 F.2d 1025 (Fifth Circuit, 1982)
Source Credit
History
(June 10, 1930, ch. 436, §9, 46 Stat. 535.)
Editorial Notes
Editorial Notes
Codification
Section was formerly classified to section 559 of this title.
Codification
Section was formerly classified to section 559 of this title.