SubTitle22-277-1_22-277-3. Livestock Commission Sales  


Sec. 22-277-1. Filing of bond
Latest version.

(a) The commissioner of agriculture may accept a bond or evidence of the filing of a bond made by any person, firm, or corporation licensed for the operation of a commission sale, pursuant to the bonding requirements of the U.S. Packers and Stockyards Act, 1921, as amended and any such person, firm or corporation presenting evidence shall be deemed to have complied with the bonding provisions of subsection (c) of section 22-277 of the General Statutes provided the amount of the bond equals or is greater than the amount required in subsection (c).

(b) If such bond does not satisfy the requirements of subsection (c) such bond shall be increased to an amount sufficient to fulfill the requirements of said subsection prior to issuance or renewal of a license for the operation of commission sales.

(c) Any person not required to file and maintain a bond under the provision of the U.S. Packers and Stockyards Act, 1921, as amended, is required to file and maintain a bond for the amount as set forth in subsection (c) of section 22-277 of the General Statutes in order to operate commissions sale.

(d) If any bond filed and maintained under subsection (c) of section 22-277 of the General Statutes is found to be inadequate by the commissioner, the commissioner upon notice to the licensee may require the bond to be increased to comply with such subsection. If any bond exceeds the required by such subsection, the commissioner may approve its reduction upon the licensee's request.

(Effective March 23, 1982)

Sec. 22-277-2. Information re financing and personnel
Latest version.

(a) Any person, firm or corporation licensed to operate commission sales shall furnish annually and at such other times as the commissioner may designate or request verified financial statements and reports showing the number and value of livestock purchased or sold in Connecticut, including official identification of animals and the names and addresses or persons from whom livestock is purchased and to whom livestock is sold.

(b) Any person, firm or corporation licensed to operate commission sales shall annually furnish to the commissioner the names and addresses of all employees authorized to purchase livestock for such licensee.

(Effective March 23, 1982)

Sec. 22-277-3. Revocation of license
Latest version.

(a) Refusal by any person, firm or corporation licensed to operate commission sales of a request by the commissioner or his agent for information required to be submitted under section 22-277 of the General Statutes or these regulations shall be cause for revocation of the license to operate commission sales. The submission of false information shall constitute cause for revocation of the license to operate commission sales.

(Effective March 23, 1982)