251.355 Grain dealer license and grain warehouse operator license -- Department’s

447 words·~2 min read·/ky/251-355

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

authority to issue and administer licenses -- Administrative regulations -- Fees

-- Suspension or revocation of licenses.

(1)No person shall be or act as a grain dealer in the Commonwealth without holding a

valid grain dealer license issued by the department.

(2)No person shall engage in the business of buying grain from producers for resale,

milling, or processing in the Commonwealth without holding a valid grain dealer

license issued by the department; provided, however, that no license shall be

required in order to buy grain from sellers who are not producers of grain.

(3)No person shall be or act as a grain warehouse operator in the Commonwealth

without holding a valid grain warehouse operator license issued by the department.

(4)No person shall own, control, operate, or manage any public warehouse in which

grain is stored for compensation in the Commonwealth without holding a valid

grain warehouse operator license issued by the department.

(5)Any person who possesses unpaid-grain for more than thirty

(30)days shall be

deemed to be acting as a grain warehouse operator and shall be subject to the

licensing and financial requirements for grain warehouse operators under the

provisions of this chapter.

(6)Licenses issued by the department shall be valid for a period of time not to exceed

one

(1)year and shall expire on June 30 each year.

(7)A separate license shall be required for each facility in the Commonwealth.

(8)The board, in conjunction with the department, shall promulgate administrative

regulations setting forth a schedule of fees for licensed grain warehouse operators.

Any changes to the schedule of fees shall be approved by a majority vote of the

board. The schedule of fees shall be reviewed by the board at least one

(1)time

every four

(4)years. The annual increase in board-approved license fees shall be

limited to five percent (5%) and shall not exceed twenty percent (20%) over any

four

(4)year period.

(9)The board, in conjunction with the department, shall promulgate administrative

regulations setting forth a schedule of fees for licensed grain dealers. Any changes

to the schedule of fees shall be approved by a majority vote of the board. The

schedule of fees shall be reviewed by the board at least one

(1)time every four

years. The annual increase in board-approved license fees shall be limited to five

percent (5%) and shall not exceed twenty percent (20%) over any four

(4)year

period.

(10)The department shall have the authority to suspend or revoke a license if the board

or department determines the licensee has violated a provision of this chapter or any

administrative regulation promulgated under this chapter.