150.415 Fur buyer -- Receipts for purchases.
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Every licensed fur buyer shall, upon purchasing any raw fur, issue a receipt to the trapper or hunter from whom he has purchased such furs, setting forth the number and kind of furs, the date of the purchase, the price paid for each fur and the license number of the trapper's or hunter's license. The buyer shall make out a duplicate receipt at the same time and obtain the signature and address on such duplicate of the trapper or hunter from whom the furs were purchased. Not later than March 15 of each year every licensed fur buyer shall submit to the department a complete report of all furs purchased during the previous buying season.
The report shall contain the total number and value of each type of fur purchased. Failure on the part of any buyer to comply with the provisions of this section shall bar the licensee from obtaining a license for the following year.