2017 US Code
Title 7 - Agriculture
Chapter 20A - Perishable Agricultural Commodities
Sec. 499i - Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty

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Citation 7 U.S.C. § 499i (2017)
Section Name §499i. Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty
Section Text

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.

Source Credit

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

Editorial Notes CODIFICATION

Section was formerly classified to section 559 of this title.

Publication Title United States Code, 2012 Edition, Supplement 5, Title 7 - AGRICULTURE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 7 - AGRICULTURE
CHAPTER 20A - PERISHABLE AGRICULTURAL COMMODITIES
Sec. 499i - Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty
Contains section 499i
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 46 Stat. 535
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