[Code of Federal Regulations]
[Title 9, Volume 2, Parts 200 to end]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 9CFR201.39]

[Page 12-13]
 
                  TITLE 9--ANIMALS AND ANIMAL PRODUCTS
 
  CHAPTER II--GRAIN INSPECTION, PACKERS AND STOCKYARDS ADMINISTRATION 
       (PACKERS AND STOCKYARDS PROGRAMS),DEPARTMENT OF AGRICULTURE
 
PART 201--REGULATIONS UNDER THE PACKERS AND STOCKYARDS ACT--Table of Contents
 
Sec. 201.39  Payment to be made to consignor or shipper by market agencies; exceptions.

    (a) No market agency shall, except as provided in paragraph (b) of 
this section, pay the net proceeds or any part thereof, arising from the 
sale of livestock consigned to it for sale, to any person other than the 
consignor or shipper of such livestock except upon an order from the 
Secretary or a court of competent jurisdiction, unless (1) such market 
agency has reason to believe that such person is the owner of the 
livestock, (2) such person holds a valid, unsatisfied mortgage or lien 
upon the particular livestock, or (3) such person holds a written order 
authorizing such payment executed by the owner at the time of or 
immediately following the consignment of such livestock: Provided, That 
this paragraph shall not apply to deductions made from sales proceeds 
for the purpose of financing promotion and research activities, 
including educational activities, relating to livestock, meat, and other 
products covered by the Act, carried out by producer-sponsored 
organizations.
    (b) The net proceeds arising from the sale of livestock, the 
ownership of which has been questioned by a market agency duly 
authorized to inspect brands, marks, and other identifying 
characteristics of livestock may be paid in accordance with the 
directions of such brand inspection agency if the laws of the State from 
which such livestock originated or was shipped to market make provision 
for payment of the proceeds in the manner directed by the brand 
inspection agency and if the market agency to which the livestock was 
consigned, and the consignor or consignors concerned, are unable to 
establish the ownership of the livestock

[[Page 13]]

within a reasonable period of time, not to exceed 60 days after sale.

(7 U.S.C. 181 et seq.)

[19 FR 4528, July 22, 1954, as amended at 28 FR 7218, July 13, 1963; 44 
FR 45361, Aug. 2, 1979]