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138.675 Cancellation of license -- Precipitation of taxes -- Cancellation of
bond.
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(2)
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(4)
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If a licensee at any time files a false quarterly report of the information required
or fails or refuses to file the quarterly report or to pay the full amount of the tax
or violates any other provisions of KRS 138.655 to 138.725, inclusive, without a
showing that such failure was due to reasonable cause, the cabinet may cancel
his license.
Upon voluntary surrender of the license certificate or upon receipt of a written
request by a licensee, the cabinet may cancel his license, effective sixty (60)
days from the date of the request, but no such license shall be canceled upon
surrender or request unless the licensee has, prior to the date of cancellation,
paid to this state all taxes, penalties, interest and fines that are due or have
accrued, and unless the licensee has surrendered to the cabinet his license
certificate.
If upon investigation the cabinet ascertains that any motor carrier or heavy
equipment motor carrier to whom a license has been issued is no longer
engaged as such and has not been so engaged for a period of six (6) months,
the cabinet may cancel such license by giving the motor carrier or heavy
equipment motor carrier sixty (60) days' notice of cancellation mailed to his last
known address in which event the license certificate shall be surrendered to
the cabinet.
Whenever a licensee ceases to engage in business within this state, he shall
notify the cabinet in writing within fifteen (15) days after discontinuance. All
taxes that have accrued under KRS 138.655 to 138.725, inclusive, whether or
not then due, shall become due and payable concurrently with such
discontinuance. The licensee shall make a report and pay all such taxes and
any interest and penalties thereon, and shall surrender to the cabinet his
license certificate.
If the license of a motor carrier or heavy equipment motor carrier is canceled
by the cabinet as provided in this section and if the licensee has paid to this
state all of the taxes, interest and penalties due under KRS 138.655 to 138.725
and 138.990(14) and (15), the cabinet shall cancel the bond filed by the
licensee.
History: Amended 1956 (2d Extra. Sess.) Ky. Acts ch. 9, sec. 19. -- Amended
1956 Ky. Acts ch. 171, sec. 2. -- Created 1954 Ky. Acts ch. 97, sec. 6.
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