2013 Kentucky Revised Statutes CHAPTER 247 - PROMOTION OF AGRICULTURE AND HORTICULTURE 247.670 Notice as to deduction required -- Disposition of collections -- Records.
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247.670 Notice as to deduction required -- Disposition of collections -Records.
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In the event a majority of the eligible producers in such referendum who vote
therein shall vote in favor of the assessment, then the Commissioner shall
notify forthwith, 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.
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.
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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