Each public warehouseman shall return to the secretary all unused warehouse receipts and all Kansas public warehouseman licenses when either of the following occurs:

1. (a) The public warehouseman is no longer engaged in business as a public warehouseman.
2. (b) The name of the public warehouseman changes.

(Authorized by K.S.A. 34-102; implementing K.S.A. 34-102 and 34-299; effective March 8, 2002.)