Ky. Rev. Stat. Ann. ch. 251 – Grain Warehouses | Midpage

Collections
Kentucky Revised Statutes

Chapter 251

Ky. Rev. Stat. Ann. ch. 251

Grain Warehouses

Commonwealth of Kentucky

251.010Definitions for chapter.251.020Powers 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 actions -- Discipline of current or former licensees.251.340Purpose of chapter.251.345Licensee to issue scale ticket upon receipt of grain -- Documents issued for received grain to be produced upon department’s request.251.350Scale ticket issued by licensed grain dealer or licensed grain warehouse operator, information required -- Department-approved scales for weighing grain.251.355Grain dealer license and grain warehouse operator license -- Department’s authority to issue and administer licenses -- Administrative regulations -- Fees -- Suspension or revocation of licenses. (Effective until July 15, 2026)251.360Grain dealer or grain warehouse operator license fees -- Use of fees -- Prohibited use of fees.251.365Evidence of financial responsibility to be filed by applicant or licensee -- Security required.251.370Licensees using paper documents or electronic documents -- Business records required -- Retention schedule -- Accounting functions -- Financial statements -- Administrative regulations.251.375Forward pricing contracts -- Requirements governing -- Administrative regulations.251.380Periodic inspections of licensed grain warehouses and licensed grain dealers -- Correction of deficiencies.251.385Fund-covered grains, defined -- Approval of fund-covered grain status by board required.251.390Kentucky grain insurance fund -- Eligibility for coverage -- Notice of intent not to be covered by fund, effect of.251.395Lien on grain stored with grain warehouse operator -- Relation to other liens or security interests -- Filing of notice not required to perfect -- Discharge of lien.251.400Powers 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.251.405Rights of persons injured by violation of any provision of this chapter.251.440Application 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.251.460Information confidential.251.470Posting of license.251.500Changes 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.251.640Assessment of producers of fund-covered grains -- Deduction of assessment -- Assessments dependent upon balance in fund.251.650Use 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 Appropriations and Revenue and to Interim Joint Committee on Agriculture in each odd-numbered year.251.660Insufficiency of funds to pay approved claims.251.730Evidence required to be produced when irregularities suspected.251.740Appeal.251.990Penalties for chapter.