7-U.S.C.-221

7-U.S.C.-221

§221 – Accounts and Records of Business; Punishment For Failure to Keep

Pathway

Title 7 > Chapter 9 > Subchapter V > Section 221

Details

  • Reference: Section 221
  • Legend: §221 – Accounts and Records of Business; Punishment For Failure to Keep
  • USCode Year: 2013

Provision Content

Every packer, any swine contractor, and any live poultry dealer, stockyard owner, market agency, and dealer 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. Whenever the Secretary finds that the accounts, records, and memoranda of any such person do not fully and correctly disclose all transactions involved in his business, the Secretary may prescribe the manner and form in which such accounts, records, and memoranda shall be kept, and thereafter any such person who fails to keep such accounts, records, and memoranda in the manner and form prescribed or approved by the Secretary shall upon conviction be fined not more than $5,000, or imprisoned not more than three years, or both.

(Aug. 15, 1921, ch. 64, title IV, §401, 42 Stat. 168; Aug. 15, 1921, ch. 64, title V, §503, as added Aug. 14, 1935, ch. 532, 49 Stat. 649; Pub. L. 100–173, §6, Nov. 23, 1987, 101 Stat. 918; Pub. L. 107–171, title X, §10502(b)(2)(C), May 13, 2002, 116 Stat. 510.)

Amendments

2002—Pub. L. 107–171 inserted any swine contractor, and” after packer,”.

1987—Pub. L. 100–173 substituted , any live poultry dealer,” for or any live poultry dealer or handler,”.

1935—Act Aug. 15, 1921, title V, §503, as added Aug. 14, 1935, inserted or any live poultry dealer or handler” after packer” wherever appearing.

Effective Date of 1987 Amendment

Amendment by Pub. L. 100–173 effective 90 days after Nov. 23, 1987, see section 12 of Pub. L. 100–173, set out as a note under section 182 of this title.

Liens or Security Interests Against Livestock; Interagency Task Force To Recommend Method of Providing Information to Purchasers; Report to Congress

Pub. L. 95–409, §2, Oct. 2, 1978, 92 Stat. 887, required the Secretary of Agriculture to appoint a task force to recommend methods of providing information to purchasers of livestock concerning the existence of a lien or security interest against livestock and to submit a report to Congress not later than Feb. 1, 1979.

U.S. Encyclopedia of Law Coverage

7-U.S.C.-214 in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-214, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

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