§ 738.14 - New bond required each year.

Related Notices
- 97-16013. Final rule. 97-16013. Amending Regulations for Various Commodity Warehouses

Latest version.

Whenever a license has been issued for a period longer than 1 year, such license shall not be effective beyond 1 year from its effective date unless the warehouseman shall have filed a new bond in the required amount with, and such bond shall have been approved by, the Secretary or his designated representative, prior to the date on which that license would have expired had it been issued for but 1 year, subject to the provisions of § 738.13.

                    
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