(1) If a majority of the eligible producers in the referendum who vote in the referendum vote in favor of the assessment, the Commissioner shall notify, by certified mail, all persons engaged in the business of purchasing ovine or caprine animals in this state, that on and after the date specified in the letter, the specified assessment shall be deducted from the producer’s payment by the purchaser, or his agent or representative, from the net marketed price of the ovine or caprine animals.
(2) The assessment shall, on or before the fifteenth day of the month following the end of the month in which the ovine or caprine animals are sold to the purchaser, be remitted by the purchaser to the duly certified association which conducted the referendum.

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 Kentucky Statutes 247.6941


(3) The books and records of all the purchasers of ovine or caprine animals shall at all times during regular business hours be open for inspection by the collection and compliance officer of the association which conducted the referendum, or the Commissioner or his duly authorized agents.
Effective: July 15, 2008
History: Amended 2008 Ky. Acts ch. 8, sec. 13, effective July 15, 2008. — Created
1992 Ky. Acts ch. 347, sec. 13, effective July 14, 1992.