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- Hoarding is not illegal in itself, but it can have legal consequences depending on the type and extent of hoarding123. Hoarding can create a public nuisance, violate health and safety codes, or attract the attention of the Securities and Exchange Commission (SEC) if it involves commodities or securities23. Hoarders may face fines, penalties, or legal actions if their hoarding affects other people or the market23.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Federal anti-hoarding laws may not be as controversial an issue as abortion or gay marriage, but it has bee known to strike a nerve. People who store food and supplies to sustain themselves for extended periods of time in case of a serious emergency or disaster don't want to give these provisions away.
legalbeagle.com/7640872-federal-antihoarding-law…Hoarding behavior within a person’s own residence is not in and of itself illegal. The reality is that some of the consequences of hoarding can prove to be violations of local ordinances or state statutes. For example, the effects of hoarding can include the creation of a public nuisance. Hoarding can result in health and safety code violations.
ecobear.co/knowledge-center/legally-assist/In essence, hoarding is not illegal. However, once an individual or company begins to buy up or stockpile large amounts of a commodity or security, the Securities and Exchange Commission (SEC) watches closely.corporatefinanceinstitute.com/resources/wealth-ma… - People also ask
Understanding Legal Issues - Hoarding
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