32.15.106    FINANCIAL REPORTS

(1) Each livestock market shall file with the Montana department of livestock, brands-enforcement division, an annual financial report reflecting a current statement of its assets and liabilities and a current statement of its annual income and expense at the time required for payment of its annual license fee. A copy of the annual report required to be filed by each such livestock market under the Packers and Stockyards Act is deemed sufficient for such purpose.

(2) Upon request by a specifically authorized agent of the Montana department of livestock, brands-enforcement division, each licensed market shall submit an accurate and current financial report on the operation of the market and of the current assets and liabilities of the licensed market.

History: Sec. 81-8-231 MCA; IMP, Sec. 81-8-231 MCA; Eff. 12/31/72.