202A.7 - PENALTIES.

        202A.7  PENALTIES.
         1.  A packer who fails to file a timely, accurate, or complete
      purchase report as required pursuant to section 202A.2 is subject to
      a civil penalty of not more than five thousand dollars.  Each failure
      by a packer to file a timely, accurate, or complete purchase report
      constitutes a separate violation.
         2.  A packer who fails to post a timely, accurate, or complete
      purchase notice as required pursuant to section 202A.3 is subject to
      a civil penalty of not more than one thousand dollars.  Each failure
      by a packer to post a timely, accurate, or complete purchase notice
      constitutes a separate violation.
         3.  A packer who includes a confidentiality provision in a
      contract with a livestock seller in violation of section 202A.4 is
      guilty of a fraudulent practice as provided in section 714.8.  
         Section History: Recent Form
         99 Acts, ch 88, §8, 11, 13 
         Footnotes
         Future repeal of subsections 1 and 2 if substantially similar
      federal legislation or regulation is implemented; finding and order
      by secretary of agriculture; see 99 Acts, ch 88, §11