PRIA, Government Policy, Made Personal

Summary

Owners of stockyards and the market agencies that work there must create and follow fair, reasonable, and nondiscriminatory rules for how services at the yard are run. Any unfair or discriminatory rules or actions are not allowed. A stockyard owner has the right and duty to run the yard so buying and selling help keep the public market efficient and competitive. But the owner’s rules cannot stop a registered market agency or dealer from serving other markets or doing occasional off‑market deals.

Title 7, §208

Agriculture, Source: USLM XML via OLRC

(a)It shall be the duty of every stockyard owner and market agency to establish, observe, and enforce just, reasonable, and nondiscriminatory regulations and practices in respect to the furnishing of stockyard services, and every unjust, unreasonable, or discriminatory regulation or practice is prohibited and declared to be unlawful.

(b)It shall be the responsibility and right of every stockyard owner to manage and regulate his stockyard in a just, reasonable, and nondiscriminatory manner, to prescribe rules and regulations and to require those persons engaging in or attempting to engage in the purchase, sale, or solicitation of livestock at such stockyard to conduct their operations in a manner which will foster, preserve, or insure an efficient, competitive public market. Such rules and regulations shall not prevent a registered market agency or dealer from rendering service on other markets or in occasional and incidental off-market transactions.

Editorial Notes

Amendments

1968—Pub. L. 90–446 designated existing provisions as subsec. (a) and added subsec. (b).

§208 Unreasonable or Discriminatory Practices Generally; Rights of Stockyard Owner of Management and Regulation

Summary

Title 7, §208

Notes & Related Subsidiaries

Editorial Notes

Amendments

Citations & Metadata