Sec. 2. Definition of market agency

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended by striking subsection

(c)and inserting the following: The term market agency means any person engaged in the business of— buying or selling in commerce livestock on a commission basis; furnishing stockyard services; or buying or selling livestock in commerce through online, video, or other electronic methods on a commission or other fee basis when handling or providing a means to handle receivables or proceeds from the sale of that livestock. . Section 301 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 201 ) is amended— in the matter preceding subsection (a), by striking in this Act— and inserting in this Act: ; in subsection (a), by striking the semicolon at the end and inserting a period; and in subsection (b), by striking the semicolon at the end and inserting a period.

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U.S. Code

“Stockyard owner”; “stockyard services”; “market agency”; “dealer”; defined
§ 201

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Sec. 2

Definition of market agency

U.S.C.§ 201

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