The Livestock Marketing Association (LMA) is North America’s largest membership organization dedicated to supporting,
representing and communicating with and for the entire livestock marketing sector. LMA has more than 800 member
businesses and represents more than 75 percent of the regularly-selling livestock markets across the United States.
Plainville Livestock Commission of Plainville, Kan. is not an LMA member.
It has been reported to LMA that Plainville Livestock Commission has issued custodial account checks to consignors that
have been dishonored. Additionally, Plainville Livestock Commission has filed Chapter 11 Bankruptcy.
Insufficient funds checks from a livestock market custodial account are not acceptable. The Packers and Stockyards Act
requires livestock markets to keep sufficient funds in their custodial accounts.
LMA has worked with effected members who recieved insufficient funds checks on next stpes to improve recovery. Any
sellers with insufficient funds checks are encouraged to consult an attorney.
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