Download as PDF
365.430 Issuance of license -- Scope of authorization.
(1)
(2)
The clerk, upon receipt of an application giving fully and completely the
information under oath as required by KRS 365.420 and upon receipt of the fee
provided for in KRS 365.445, shall issue a license to the applicant, authorizing the
applicant to advertise, represent, and sell the particular goods so inventoried at the
time and place stated in the application and in true accordance with the provisions
of KRS 365.410 to 365.480 and 365.992. The license shall be issued in duplicate
and shall bear a number and date of its expiration. A license issued under KRS
365.410 to 365.480 and 365.992 shall be granted and valid only for the sale of the
inventoried goods which are the property of the licensee. The license shall apply
only to the premises specified in the application, and it may not be transferred or
assigned. If a licensee under KRS 365.410 to 365.480 and 365.992 is engaged in
business in other locations, advertising or offering of goods on behalf of the other
locations shall not represent or imply any participation in or cooperation with the
sale on the premises specified in the license, nor shall any advertising or other
offering of goods on behalf of the premises where the licensed sale is being
conducted represent or imply any participation in or cooperation with the sale at
other locations. No license under KRS 365.410 to 365.480 and 365.992 shall be
issued to any person:
(a) To conduct a sale in the trade name or style of a person in whose goods the
applicant for the license has acquired a right or title thereto within twelve (12)
months prior to the time of making application for the license.
(b) To continue a sale in the name of a licensee under KRS 365.410 to 365.480
and 365.992 whose goods the applicant acquired a right or title while the sale
is in progress.
Paragraphs (a) and (b) of subsection (1) shall not apply to any person who has
acquired a right, title, or interest in goods as an heir, devisee, or legatee or pursuant
to an order or process of a court of competent jurisdiction.
Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 305, sec. 3, effective July 15, 1994. -- Created
1966 Ky. Acts ch. 60, sec. 4.
Disclaimer: These codes may not be the most recent version. Kentucky 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.
