2014 Code of Alabama
Title 2 - AGRICULTURE.
Chapter 15 - LIVESTOCK.
Section 2-15-121 - Application for charter; information required; fee.
(a) The application for a charter under this article shall include the following information, which is to be filed with the commissioner:
(1) A detailed statement showing all the assets and liabilities of the applicant;
(2) The schedule of rates and charges the applicant proposes to impose on the owners of livestock for services rendered in the operation of such livestock market;
(3) The weekly or monthly sales day or days on which the applicant proposes to operate his public livestock market sales;
(4) Projected source and quantity of livestock, by county, anticipated to be handled;
(5) Projected income and expense statement for the first year's operation;
(6) Facts upon which are based the conclusion that the trade area and the livestock industry will benefit because of the proposed market; and
(7) Such other information as the commissioner may reasonably require.
(b) A charter application fee of $250.00 which will be retained by the Department of Agriculture and Industries whether or not the charter is granted.
(Acts 1991, No. 91-629, p. 1171, §7.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
