247.490 Affirmative vote, effect -- Domestic and foreign associations.
(1) If, in such referendum called under the provisions of KRS 247.450 to 247.505, a
majority of the producers in the area in which such referendum is conducted, <br>eligible to participate and voting therein, shall vote in the affirmative and in favor of <br>the levying and collection of such assessment proposed in such referendum on such <br>agricultural commodity, then such assessment shall be collected in the manner <br>determined and announced by the agency conducting such referendum.
(2) Any agricultural cooperative association organized under KRS Chapter 272 or any
foreign agricultural cooperative association that has received a certificate of <br>authority to conduct business in the Commonwealth in the same manner as a <br>domestic agricultural cooperative association, on application to and approval by the <br>Commissioner, may by an alternate procedure, not in conflict with the purposes of <br>KRS 247.450 to 247.505, handle the collection and disbursement of the assessments <br>of its members. The purchaser of the agricultural commodity of the members of <br>such association shall be relieved of the collecting and reporting requirements of <br>KRS 247.493 with respect to such members.
History: Amended 1974 Ky. Acts ch. 401, sec. 1. -- Created 1968 Ky. Acts ch. 171,
sec. 11.
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