7 CFR 46.7
§ 46.7 Issuance of license.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 46.7, § 46.7 Issuance of license, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/14722
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Full text
Upon receipt of a valid application accompanied by the proper fee for a license, and bond, if required, the Director shall, if the applicant is found to be eligible, issue a license certifying that the licensee is authorized to engage in the business of a commission merchant, dealer, or broker. All fees, and any additional sums assessed by the Director in accordance with the Act, shall be deposited in a special fund designated as the “Perishable Agricultural Commodities Act fund.”
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.