[Code of Federal Regulations]
[Title 7, Volume 7, Parts 700 to 899]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR740.16]

[Page 326]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 740--NUT WAREHOUSES--Table of Contents
 
Sec. 740.16  New bond required each year.

    A continuous form of license shall not remain in force for more than 
one year from its effective date, or any subsequent extension thereof, 
unless each year prior to the date on which the license would expire, 
the warehouseman files a bond in the required amount with the Secretary 
and such bond has been approved by him.