Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 35. Oklahoma Department of Agriculture, Food, and Forestry |
Chapter 15. Animal Industry |
Subchapter 9. Livestock Special Sales |
Part 5. LIVESTOCK AUCTION MARKETS |
SECTION 35:15-9-14. Separate custodial accounts for livestock auction markets
Latest version.
- Every livestock market shall maintain a separate custodial account for shippers' proceeds for each livestock auction market operated. Applicants for license renewal and new license applicants must provide evidence at the time of application that a separate custodial account for shippers' proceeds has been established with a financial institution.