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7 U.S.C. § 246 — Maintenance of records
Federal law — U.S. Code and appendices · legal_authorities
To facilitate the administration of this chapter, the following persons shall maintain such records and make such reports, as the Secretary may by regulation require:
(1) A warehouse operator that is licensed under this chapter.
(2) A person operating a system for the electronic recording and transfer of receipts and other documents that are authorized under this chapter.
(3) Any other person engaged in the issuance of electronic receipts or the transfer of documents under this chapter.
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Source file: Laws/federal/codes/united-states-code/title-7/section-246-maintenance-of-records--8c4d97abd2.md
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Source location: Title 7, Chapter 10, § 246; chapter-010-warehouses.md
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To facilitate the administration of this chapter, the following persons shall maintain such records and make such reports, as the Secretary may by regulation require:
(1) A warehouse operator that is licensed under this chapter.
(2) A person operating a system for the electronic recording and transfer of receipts and other documents that are authorized under this chapter.
(3) Any other person engaged in the issuance of electronic receipts or the transfer of documents under this chapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** After providing notice and an opportunity for a hearing in accordance with this section, the Secretary may suspend or revoke any license issued, or approval for an activity provided, under this chapter—
(1) for a material violation of, or failure to comply, with any provision of this chapter (including regulations promulgated under this chapter); or
(2) on the ground that unreasonable or exorbitant charges have been imposed for services rendered.
**(b) Temporary suspension** The Secretary may temporarily suspend a license or approval for an activity under this chapter prior to an opportunity for a hearing for any violation of, or failure to comply with, any provision of this chapter (including regulations promulgated under this chapter).
**(c) Authority to conduct hearings** The agency within the Department that is responsible for administering regulations promulgated under this chapter shall have exclusive authority to conduct any hearing required under this section.
**(d) Judicial review**
(1) **Jurisdiction** — A final administrative determination issued subsequent to a hearing may be reviewable only in a district court of the United States.
(2) **Procedure** — The review shall be conducted in accordance with the standards set forth in [section 706(2) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section706/2&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 252
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** In accordance with regulations promulgated under this chapter, a warehouse operator may transfer a stored agricultural product from one warehouse to another warehouse for continued storage.
**(b) Continued duty** The warehouse operator from which agricultural products have been transferred under subsection (a) shall deliver to the rightful owner of such products, on request at the original warehouse, such products in the quantity and of the kind, quality, and grade called for by the receipt or other evidence of storage of the owner.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 249
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Federal law — U.S. Code and appendices · legal_authorities
There are authorized to be appropriated such sums as are necessary to carry out this chapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 256
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Federal law — U.S. Code and appendices · legal_authorities
Page 359
TITLE 7—AGRICULTURE
§ 248
product are not established under another Fed-
eral law, the Secretary may establish standards
for the evaluation or determination of the qual-
ity or value of the agricultural product under
this chapter.
(Aug. 11, 1916, ch. 313, pt. C, § 5, as added Pub. L.
106–472, title II, § 201, Nov. 9, 2000, 114 Stat. 2064.)
Editorial Notes
PRIOR PROVISIONS
A prior section 244, acts Aug. 11, 1916, ch. 313, pt. C,
§ 4, 39 Stat. 486; Mar. 2, 1931, ch. 366, § 1, 46 Stat. 1463, au-
thorized licensing of warehousemen, prior to the gen-
eral amendment of this chapter by Pub. L. 106–472. See
section 242 of this title.
A prior section 5 of act Aug. 11, 1916, ch. 313, pt. C,
was classified to section 245 of this title, prior to the
general amendment of this chapter by Pub. L. 106–472.
§ 245. Bonding and other financial assurance re-
quirements
(a) In general
As a condition of receiving a license or ap-
proval under this chapter (including regulations
promulgated under this chapter), the person ap-
plying for the license or approval shall execute
and file with the Secretary a bond, or provide
such other financial assurance as the Secretary
determines appropriate, to secure the person’s
performance of the activities so licensed or ap-
proved.
(b) Service of process
To qualify as a suitable bond or other finan-
cial assurance under subsection (a), the surety,
sureties, or financial institution shall be subject
to service of process in suits on the bond or
other financial assurance in the State, district,
or territory in which the warehouse is located.
(c) Additional assurances
If the Secretary determines that a previously
approved bond or other financial assurance is in-
sufficient, the Secretary may suspend or revoke
the license
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 246
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