§ 251.010 Definitions for chapter
§ 251.020 Powers and functions of state board — Administrative regulations — Cooperative agreements with state and federal agencies, universities, and other entities — Application to Circuit Court for orders to enjoin — Power to bring or defend civil acti
§ 251.340 Purpose of chapter
§ 251.345 Licensee to issue scale ticket upon receipt of grain — Documents issued for received grain to be produced upon department’s request
§ 251.350 Scale ticket issued by licensed grain dealer or licensed grain warehouse operator, information required — Department-approved scales for weighing grain
§ 251.355 Grain dealer license and grain warehouse operator license — Department’s authority to issue and administer licenses — Administrative regulations — Fees — Suspension or revocation of licenses
§ 251.360 Grain dealer or grain warehouse operator license fees — Use of fees — Prohibited use of fees
§ 251.365 Evidence of financial responsibility to be filed by applicant or licensee — Security required
§ 251.370 Licensees using paper documents or electronic documents — Business records required — Retention schedule — Accounting functions — Financial statements — Administrative regulations
§ 251.375 Forward pricing contracts — Requirements governing — Administrative regulations
§ 251.380 Periodic inspections of licensed grain warehouses and licensed grain dealers — Correction of deficiencies
§ 251.385 Fund-covered grains, defined — Approval of fund-covered grain status by board required
§ 251.390 Kentucky grain insurance fund — Eligibility for coverage — Notice of intent not to be covered by fund, effect of
§ 251.395 Lien on grain stored with grain warehouse operator — Relation to other liens or security interests — Filing of notice not required to perfect — Discharge of lien
§ 251.400 Powers and duties of board upon failure involving licensed grain dealer or licensed grain warehouse operator — When claimant deemed to have assigned all rights, title, and interest to the board
§ 251.405 Rights of persons injured by violation of any provision of this chapter
§ 251.440 Application for license as grain warehouse operator or grain dealer — Grounds for denial of new license or revocation of existing license — Notice and hearing — Confidentiality of documents
§ 251.460 Information confidential
§ 251.470 Posting of license
§ 251.500 Changes that make license issued under this chapter invalid — Duties of licensee when change occurs — Audit and examination authorized — Changes that invalidate licenses issued under this chapter
§ 251.640 Assessment of producers of fund-covered grains — Deduction of assessment — Assessments dependent upon balance in fund
§ 251.650 Use of funds — Kentucky grain insurance fund — Investment of funds — Authorization for funds to be invested through the Finance and Administration Cabinet’s Office of Financial Management — Board to report to Interim Joint Committee on Appropria
§ 251.660 Insufficiency of funds to pay approved claims
§ 251.730 Evidence required to be produced when irregularities suspected
§ 251.740 Appeal
§ 251.990 Penalties for chapter
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Terms Used In Kentucky Statutes > Chapter 251 - Grain Warehouses

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Biennium: means the two (2) year period commencing on July 1 in each even- numbered year and ending on June 30 in the ensuing even-numbered year. See Kentucky Statutes 446.010
  • Board: means the State Board of Agriculture. See Kentucky Statutes 251.010
  • Claimant: means a person who:
    (a) Possesses scale tickets, settlement sheets, ledger cards, or other written evidence of ownership of fund-covered grain stored or possessed by a licensee. See Kentucky Statutes 251.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Department: means the Kentucky Department of Agriculture. See Kentucky Statutes 251.010
  • Depositor: means any person who deposits grain in a grain warehouse for storage, handling, shipment, or is the owner or legal holder of an outstanding warehouse receipt, or who is lawfully entitled to possession of the grain. See Kentucky Statutes 251.010
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Facility: means a single location with one (1) or more structures used for the storage or handling of grain. See Kentucky Statutes 251.010
  • Failure: means the occurrence of one (1) or more of the following events:
    (a) A licensee's inability to pay for storage obligations in accordance with requirements set forth in statute, administrative regulation, or contract. See Kentucky Statutes 251.010
  • Federal: refers to the United States. See Kentucky Statutes 446.010
  • 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.
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • Forward pricing contract: means an agreement for sale which provides that: (a) Title passes at the time of delivery. See Kentucky Statutes 251.010
  • Fraud: Intentional deception resulting in injury to another.
  • Fund: means the Kentucky grain insurance fund established by KRS §. See Kentucky Statutes 251.010
  • Fund-covered grain: means grain as used in KRS §. See Kentucky Statutes 251.010
  • Grain: means corn, wheat, soybeans, rye, barley, oats, grain sorghums, or popcorn. See Kentucky Statutes 251.010
  • Grain dealer: means any person engaged in the business of buying grain from
    producers for resale, milling, or processing. See Kentucky Statutes 251.010
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Month: means calendar month. See Kentucky Statutes 446.010
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means any individual, partnership, firm, corporation, limited liability company, or other corporate entity created under the laws of the Commonwealth or any other jurisdiction. See Kentucky Statutes 251.010
  • Producer: means the owner, tenant, or operator of land who has an economic or financial interest in grain or receives all or any part of the proceeds from the sale of grain. See Kentucky Statutes 251.010
  • Seed: means grain that is set aside to be used for the purpose of producing new plants. See Kentucky Statutes 251.010
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute: A law passed by a legislature.
  • Warehouse: means any building, structure, or other protected enclosure, permanent or temporary, used or useable for the storage or conditioning of grain. See Kentucky Statutes 251.010
  • Warehouse receipt: means a document of title issued by a person engaged in the business of storing grains for compensation. See Kentucky Statutes 251.010
  • Year: means calendar year. See Kentucky Statutes 446.010