7-U.S.C.-499I

7-U.S.C.-499I

§499I – Accounts, Records, and Memoranda; Duty of Licensees to Keep; Contents; Suspension of License For Violation of Duty

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Title 7 > Chapter 20A > Section 499i

Details

  • Reference: Section 499i
  • Legend: §499I – Accounts, Records, and Memoranda; Duty of Licensees to Keep; Contents; Suspension of License For Violation of Duty
  • USCode Year: 2013

Provision Content

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.

(June 10, 1930, ch. 436, §9, 46 Stat. 535.)

Codification

Section was formerly classified to section 559 of this title.

U.S. Encyclopedia of Law Coverage

7-U.S.C.-499B-1 in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-499B-1, 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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