Rule 32.15.102 - RECORDS TO BE KEPT(1) Each licensed market, livestock video auction, or livestock dealer shall keep and maintain a complete and accurate record of all animals purchased and sold, including description of the animal, brand or brands carried, if any, name of person selling or offering for sale, date of sale, and the name of the person to whom sold.(2) Each licensed market, livestock video auction, or livestock dealer shall keep and maintain business records showing the following information:(a) The names of the owners or persons having an interest in the market, livestock video auction, or livestock dealer.(b) The names of the managers or operators of the market, livestock video auction, or livestock dealer.(c) The names of the owners of the premises upon which the market is located if different than the owners of the licensed market; if a corporation, the names of the directors, officers, and the stockholders, showing their interest in the corporation.(d) Any contracts or leases executed in connection with the operation of the market, livestock video auction, or livestock dealer.(e) The type of organization used in operating the market, livestock video auction, or livestock dealer and the members thereof.(f) If a corporation, the names of the directors, officers, and the stockholders, showing their interest in the corporation.(3) Records and information must be available for inspection and examination by any authorized agent of the Department of Livestock, Brands Enforcement Division and must be submitted by the licensee upon request. All records used in the purchase and sale of livestock and all records required by this rule must be kept and maintained by the licensed market, livestock video auction, or livestock dealer for a period of not less than 5 years.Mont. Admin. r. 32.15.102
Eff. 12/31/72; AMD, 2024 MAR p. 728, Eff. 4/13/2024AUTH: 81-8-231, MCA; IMP: 81-8-231, 81-8-251, 81-8-264, 81-8-271, MCA