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7 U.S.C. § 203Activity as stockyard dealer or market agency; benefits to business and welfare of stockyard; registration; penalty for failure to register

submitted 105 years ago by ch. 64 to r/title-7-AGRICULTURE · 228 words · no verdicts yet

in plain englishAI-generated · not legal advice

No one may run a market agency or dealer business at a regulated stockyard without approval. The stockyard owner must approve them, and they must register with the Secretary of Agriculture. Breaking this rule brings a fine of up to $500, plus $25 per day it continues.

Once the Secretary has publicly declared — by posting notice at the stockyard — that a stockyard fits the definition in section 202, a 30-day countdown starts. After those 30 days, nobody may run a market agency or dealer business there unless two things happen: (1) The stockyard owner decides, on a fair and non-discriminatory basis, that the person's services will help the stockyard, its patrons, and its customers — and gives that person written permission. (2) The person registers with the Secretary — following the Secretary's rules — giving their name, address, what kind of business they run, and what stockyard services (if any) they provide there. Anyone else acting as a market agency or dealer, as those terms are defined in section 201, may also be required to register in whatever way the Secretary sets out. Breaking this section brings a penalty: up to $500 per violation, plus up to $25 for each day the violation continues. That money goes to the United States and can be collected through a civil lawsuit brought by the government.
the actual law source: uscode.house.gov ↗public domain

After the expiration of thirty days after the Secretary has given public notice that any stockyard is within the definition of section 202 of this title, by posting copies of such notice in the stockyard, no person shall carry on the business of a market agency or dealer at such stockyard unless (1) the stockyard owner has determined that his services will be beneficial to the business and welfare of said stockyard, its patrons, and customers, which determination shall be made on a basis which is not unreasonable or unjustly discriminatory, and has given written authorization to such person, and (2) he has registered with the Secretary, under such rules and regulations as the Secretary may prescribe, his name and address, the character of business in which he is engaged, and the kinds of stockyards services, if any, which he furnishes at such stockyard. Every other person operating as a market agency or dealer as defined in section 201 of this title may be required to register in such manner as the Secretary may prescribe. Whoever violates the provisions of this section shall be liable to a penalty of not more than $500 for each such offense and not more than $25 for each day it continues, which shall accrue to the United States and may be recovered in a civil action brought by the United States.

Source credit: (Aug. 15, 1921, ch. 64, title III, § 303, 42 Stat. 163; Pub. L. 85–909, § 2(3), Sept. 2, 1958, 72 Stat. 1750; Pub. L. 90–446, § 1(b), July 31, 1968, 82 Stat. 474.)

history & why it existsrecord from the source credit
  • 1921Enacted · Act of Aug. 15, 1921, ch. 64 · 42 Stat. 163
  • 1958Amended · Pub. L. 85-909 · 72 Stat. 1750
  • 1968Amended · Pub. L. 90-446 · 82 Stat. 474

A history note hasn’t been published yet. The record shows enactment by ch. 64 on 1921-08-15.

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