(a) In this section, "dealer" means a person engaged in the business of buying or selling animals in commerce:
(1) on the person's own account;
(2) as an employee or agent of the vendor, the purchaser, or both; or
(3) on a commission basis.
(b) A "dealer" as defined by Subsection (a) of this section does not include a person who buys or sells animals as part of the person's bona fide breeding, feeding, dairy, or stocker operations but does include livestock markets and commission merchants.
(c) The commission may require a livestock, exotic livestock, domestic fowl, or exotic fowl dealer to maintain records of all livestock, exotic livestock, domestic fowl, or exotic fowl bought and sold by the dealer.
(d) The commission may inspect and copy the records of a livestock, exotic livestock, domestic fowl, or exotic fowl dealer that relate to the buying and selling of those animals.
(e) The commission by rule shall adopt the form and content of the records maintained by a dealer under Subsection (c) of this section.