[Code of Federal Regulations]
[Title 7, Volume 2]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR46.21]

[Page 267]
 
                          TITLE 7--AGRICULTURE
 
                        DEPARTMENT OF AGRICULTURE
 
PART 46_REGULATIONS (OTHER THAN RULES OF PRACTICE) UNDER THE 
PERISHABLE AGRICULTURAL COMMODITIES ACT, 1930--Table of Contents
 
Sec. 46.21  Returns, rejections, or credit memorandums on sales.

    In the event of the rejection and return of any produce sold for or 
on behalf of another, on consignment, or on joint account, or of any 
necessary allowance or adjustment being made to the buyers thereof, a 
credit memorandum showing the buyer's name, sales ticket number, lot 
number, date of the granting of the allowance, and amount of the credit 
or adjustment, with reasons therefor, shall be made or a notation shall 
be made on the original sales ticket referring to the adjustment and 
showing where the credit memorandum is filed. The credit memorandum 
shall be on a regular form, in a ledger book, or on a sales ticket or 
invoice properly completed to show the facts and shall be approved by a 
duly authorized person. Credits granted shall be entered in the same 
records as the original sales tickets.