| Description |
A regulation that specifies certain requirements for tobacco auction market operators licensed under the Commission Merchants Law. The regulation: (1) establishes record keeping requirements; (2) prescribes accountability for tickets and tobacco sales bills; (3) identifies permitted alterations to tickets and tobacco sales bills and to require signatures of persons authorized to make alterations; (4) prescribes disposition of rejected sales by farmers or buyers; and (5) clarifies the role of the licensee when acting on behalf of the farmer.
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| State Authority |
Section 3.2-109
of the Code of Virginia
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| Federal Authority |
None entered
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| Text of Regulation |
Link to Virginia Administrative Code |
| Goals of Regulation |
1. The protection of the public's health, safety, and welfare with the least possible cost and intrusiveness to the citizens and businesses of the Commonwealth.
2. The reduction or elimination of the instances of inaccurate accounting of agricultural products sold by auction market operators licensed as commission merchants.
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| Meetings |
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