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2009 Kentucky Revised Statutes
CHAPTER 247 PROMOTION OF AGRICULTURE AND HORTICULTURE
247.670 Notice as to deduction required -- Disposition of collections -- Records.
Download pdfforthwith, by certified mail, every person licensed to operate a livestock market in
the state, as well as every person who operates a meat packing or slaughter
establishment which buys bovine animals directly from the producer and every
order buyer, that on and after the date designated in the notice, which shall be not
less than thirty (30) days nor more than sixty (60) days after the mailing of the
notice by the Commissioner, the amount of the assessment shall be deducted by all
such sales markets or purchasers of bovine animals, or by their agents or
representatives, from the purchase price paid the seller of bovine animals. (2) On or before the fifteenth day of each month all assessments deducted shall be remitted to the association certified by the assessment referendum, less three
percent (3%) which may be retained to compensate the stockyard operator, meat
packer, order buyer, or slaughter establishment operator for the expense of
collecting and remitting the assessment. (3) The books and records of all stockyard operators, meat packers, order buyers, and slaughter establishment operators shall at all times during regular business hours be
open for inspection by the Commissioner or his duly authorized agents for the
purpose of ascertaining the accuracy of the amounts remitted. Effective: July 15, 1980
History: Amended 1980 Ky. Acts ch. 114, sec. 49, effective July 15, 1980; and ch. 213, sec. 2, effective July 15, 1980. -- Created 1976 Ky. Acts ch. 9, sec. 13. Legislative Research Commission Note. This section was amended by two 1980 acts which do not appear to be in conflict and have been compiled together.
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