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359.050 Grain warehouseman's license.
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No proprietor, lessee or manager of a public grain warehouse shall transact
any warehouse business therein until he has obtained for that year a grain
warehouseman's license from the county clerk, and no such proprietor, lessee
or manager shall continue such business after his license is revoked or has
expired, except but by delivering property previously stored in his warehouse.
The county clerk shall issue each grain warehouseman's license upon written
application and upon payment of a fee pursuant to KRS 64.012. The
application shall state the location and name of the warehouse, the name of
each person interested as owner or principal in its management and, if the
warehouse is owned or kept by a corporation, the name of the corporation and
the names of its president, secretary and treasurer. Each license issued shall
be recorded in the bond and power of attorney book in the office of the county
clerk.
The license provided for by this section shall not dispense with the requirement
of obtaining from year to year such license as the city in which the warehouse
is located may require for the purpose of taxation.
A grain warehouseman's license may be revoked by the Circuit Court in
summary proceedings, upon written complaint of any person setting forth the
particular violation of law and on satisfactory proof taken as directed by the
court. The court, in revoking the license, may adjudge that no new license shall
be granted to the defendant until at least one (1) year after the revocation.
Effective:January 1, 2007
History: Amended 2006 Ky. Acts ch. 255, sec. 27, effective January 1, 2007. -Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. secs. 4782, 4784.
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