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247.862 Notice as to deduction required -- Use of funds collected -- Records to be open for inspection.

KY Rev Stat § 247.862 (2019) (N/A)
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247.862 Notice as to deduction required -- Use of funds collected -- Records to be open for inspection. In the event a majority of the eligible handlers in the referendum who vote therein shall vote in favor of the assessment, then the Commissioner shall notify forthwith, by registered or certified mail, all handlers of eggs engaged in the business of purchasing or selling eggs in this state, that on and after the date specified in such letter, the specified assessment shall be in effect. The assessment shall, on or before the fifteenth day of the month following the end of the month in which the handler purchased or sold eggs, be remitted to the duly certified association which conducted the referendum. Such funds, including donations from individuals, concerns, corporations and grants from state or governmental agencies, shall be used for the purpose of promoting and stimulating by advertising, research and other methods the increased production, use and sale, domestic and foreign, of eggs. The books and records of all handlers shall at all times be open for inspection by the Commissioner or his duly authorized agents during regular business hours. Effective: July 15, 1980 History: Created 1980 Ky. Acts ch. 120, sec. 13, effective July 15, 1980.

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247.862 Notice as to deduction required -- Use of funds collected -- Records to be open for inspection.