SECTIONS 56331-56332 - California Statutes

FOOD AND AGRICULTURAL CODE

SECTION 56331-56332

56331. (a) Every licensee operating as a broker, upon negotiating
the sale of farm products, shall issue to both buyer and seller a
written memorandum of sale, before the close of the next business
day, showing price, date of delivery, quality, and all other details
concerned in the transaction.
(b) The memorandum required by subdivision (a) shall have an
individual identifying number printed upon it. The numbers shall be
organized and printed on the memoranda so that each memorandum can be
identified and accounted for sequentially. Unused or damaged
memoranda shall be retained by the broker for accounting purposes.

56332. A licensee operating as a broker shall not alter the terms
of the transaction as specified on his original memorandum of sale
without the consent of both parties to the transaction. Upon making
such change, the broker is required to issue a clearly marked
corrected memorandum of sale, which shall clearly indicate the date
and time when such adjustment or change was made, and shall transmit
such corrected memorandum to both buyer and seller before the close
of the next business day.