Sec. 18. (a) The board may establish and collect:

(1) up to thirty-five dollars ($35) for each brand recording; and

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 15-19-6-18

  • board: refers to the Indiana state board of animal health established by IC 15-17-3-1. See Indiana Code 15-19-6-2
  • brand: means a distinctive design or mark of identification made or applied to the hide on livestock by the use of a hot iron or by any other method or process approved by the board. See Indiana Code 15-19-6-3
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) fair and reasonable charges related to the cost of administering a brand recordation program for:

(A) the rerecording of brands;

(B) the recording of instruments transferring ownership of brands; and

(C) certificates of recordation or rerecordation of brands.

     (b) The board shall deposit fees collected under this section in the brand registration fund. The brand registration fund is a nonbudgetary fund, and the money remaining in the brand registration fund at the end of a state fiscal year does not revert to the state general fund. The board may disburse money from the brand registration fund to defray the administrative costs of implementing this chapter.

[Pre-2008 Recodification Citation: 15-5-14-13.]

As added by P.L.2-2008, SEC.10.