[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: 7CFR740.33]

[Page 330-331]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 740--NUT WAREHOUSES--Table of Contents
 
Sec. 740.33  Records to be kept in safe place.

    Each warehouseman shall provide a fireproof safe, vault, or 
compartment in which he shall keep, when not in actual use, all records, 
books, and papers pertaining to the licensed warehouse, including his 
current receipt book, copies of issued and canceled receipts, except 
that with the written consent of the Administrator, upon a showing by 
such warehouseman that it is not practicable to provide such fireproof 
safe, vault, or compartment, he may keep such records, books, and papers 
in some other place of safety approved by the Administrator. Each 
canceled receipt shall be retained by the warehouseman for a period of 6 
years after

[[Page 331]]

December 31, of the year in which the receipt is canceled and for such 
longer period as may be necessary for the purposes of any litigation 
which the warehouseman knows to be pending, or as may be required by the 
Administrator in particular cases to carry out the purposes of the Act. 
Canceled receipts shall be arranged by the warehouseman in numerical 
order and otherwise in such manner as shall be directed, for purposes of 
audit, by authorized officers or agents of the Department of 
Agriculture.

(Approved by the Office of Management and Budget under control number 
0560-0120)

[41 FR 31163, July 27, 1976, as amended at 47 FR 745, Jan. 7, 1982. 
Redesignated at 50 FR 1814, Jan. 14, 1985]