{"data":{"id":"us/7-cfr-46.7","jurisdiction":"us","citation":"7 CFR 46.7","heading":"Issuance of license.","body":"Upon receipt of a valid application accompanied by the proper fee for a license, and bond, if required, the Director shall, if the applicant is found to be eligible, issue a license certifying that the licensee is authorized to engage in the business of a commission merchant, dealer, or broker. All fees, and any additional sums assessed by the Director in accordance with the Act, shall be deposited in a special fund designated as the “Perishable Agricultural Commodities Act fund.”","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER I—AGRICULTURAL MARKETING SERVICE (STANDARDS, INSPECTIONS, MARKETING PRACTICES), DEPARTMENT OF AGRICULTURE","SUBCHAPTER B—MARKETING OF PERISHABLE AGRICULTURAL COMMODITIES","PART 46—REQUIREMENTS (OTHER THAN ADMINISTRATIVE PROCEDURES) UNDER THE PERISHABLE AGRICULTURAL COMMODITIES ACT, 1930"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"f7b9da048e3f62f951f91b8eb49369b0de39c242f818cfe99f8a096d71593950","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-46.6","next":"us/7-cfr-46.8"},"notice":"GroundRules: Original legal text. Not legal advice."}