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Packers and Stockyards Act Bond
The packers and stockyards act bond covers the compliance
with regards to the law and accounting for the sale
proceeds of goods like livestock. The packers and stockyard
act is promoted by the federal commission investigation.
The Packers and Stockyards Act is imposed to protect
the integrity of livestock, meat, and poultry markets
for the American Agriculture. This packers and stockyard
act will inspect, regulate the packers and stockyard
of the livestock.
This bond will cover the unlawful acts in the marketing
of livestock, meat, and poultry. This bond assures the
effective competition and integrity in the marketing
of livestock, meat and poultry. People who are engaged
in the business of marketing livestock, meat and poultry
are subject to packers and stockyards act. The entities
include packers, live poultry dealer, stockyard owners
and dealers.
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