§ 780.618. "His own account"---"in conjunction with other farmers."
62 words·~1 min read·
/us/cfr/t29/s§ 780.618·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Under the terms of section 13(b)(13), the farmer may operate a livestock auction solely for his own benefit or he may join with "other farmers" to auction livestock for their mutual benefit. (See § 780.614 with regard to the definition of "farmer.") Unless the auction is conducted by the farmer alone or with others who are "farmers" the exemption does not apply.