
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC221]

 
                          TITLE 7--AGRICULTURE
 
                    CHAPTER 9--PACKERS AND STOCKYARDS
 
                    SUBCHAPTER V--GENERAL PROVISIONS
 
Sec. 221. Accounts and records of business; punishment for 
        failure to keep
        
    Every packer, 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, Sec. 401, 42 Stat. 168; Aug. 15, 1921, 
ch. 64, title V, Sec. 503, as added Aug. 14, 1935, ch. 532, 49 Stat. 
649; Pub. L. 100-173, Sec. 6, Nov. 23, 1987, 101 Stat. 918.)


                               Amendments

    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, Sec. 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, Sec. 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.
