§ 499i. — Accounts, records, and memoranda; duty of licensees to keep; contents; suspension of license for violation of duty.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 7USC499i]
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
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, Sec. 9, 46 Stat. 535.)
Codification
Section was formerly classified to section 559 of this title.
Section Referred to in Other Sections
This section is referred to in section 499m of this title.
