[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: 7CFR740.43]

[Page 332]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 740--NUT WAREHOUSES--Table of Contents
 
Sec. 740.43  System of accounts.

    Each licensed warehouseman shall have and maintain a system of 
accounts, approved for the purpose by the Service, which shall include 
but is not limited to a stock record showing for each lot of nuts, the 
name of the depositor, the weight of the nuts, the number of packages in 
each lot, the grade or other class when grade or other class is required 
to be, or is, ascertained, the location, the dates received for and 
delivered out of storage and the receipts issued and canceled, a 
separate record for each depositor and such accounts shall include a 
detailed record of all moneys received and disbursed and of all 
effective insurance policies. In the case of nuts stored in packages, 
the tag number mentioned in Sec. 740.35 shall be shown. Such rec- ords 
shall be retained by the warehouseman for a period of six years after 
December 31 of the year in which created, 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.

(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]