§ 221. — Accounts and records of business; punishment for failure to keep.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 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 swine contractor, and 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; Pub. L. 107-
171, title X, Sec. 10502(b)(2)(C), May 13, 2002, 116 Stat. 510.)
Amendments
2002--Pub. L. 107-171 inserted ``any swine contractor, and'' after
``packer,''.
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.
