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Commodity Dealer Bond

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Amends existing law relating to commodity dealers to provide for a licensure reinstatement period; to provide for denial of commodity dealer's licenses to certain limited liability companies or associations; to revise provisions relating to bonds of applicants for licensure; to revise license fee provisions; to revise criteria and procedures for the Department of Agriculture's inspection of a commodity dealer's premises, books and records; to clarify record disclosure provisions; to provide that licensed public accountants may prepare required financial statements; and to revise provisions relating to bonds.

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