N.Y. Agriculture and Markets Law 258-F – Records
§ 258-f. Records. The commissioner may require milk dealers to keep the following records:
Terms Used In N.Y. Agriculture and Markets Law 258-F
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Licensee: means a licensed milk dealer. See N.Y. Agriculture and Markets Law 253
(a) A record of all milk received, detailed as to location, and as to names and addresses of suppliers, with butterfat test, pounds of protein, butterfat, other solids and solids not fat, prices paid, deductions or charges made.
(b) A record of all milk sold classified as to grade, location and market outlet and size and style of container, with prices and amounts received therefor.
(c) A record of quantities and prices of milk sold.
(d) A record of the quantity of each milk product manufactured and quantity of milk and/or cream used in the manufacture of each product. Also the quantity and value of milk products sold.
(e) A record of wastage or loss of milk or butter fat.
(f) A record of the items of the spread or handling expense and profit or loss, represented by the difference between the price paid and the price received for all milk.
(g) A record of all other transactions affecting the assets, liabilities, or net worth of the licensee.
(h) Such other records, and information as the commissioner may deem necessary for the proper enforcement of this article.