§ 15-17-14-4 — License classifications

(a) Licenses are issued under the following
classifications:
(1) A market facility dealer license issued to livestock auction
markets, stockyards, packers, or concentration points.
(2) An individual dealer license issued to individual dealers and
market agencies not operating a market facility.
(b) A separate license is required for each location at which
stockyards, packing plants, market agencies, or livestock auction
markets are operated. More than one (1) license may not be required of
individual dealers other than those operating as market agencies at
different locations.
(c) A license issued under this chapter continues in effect until the
licensee ceases operating as a livestock dealer in Indiana or the board
revokes the license.
(d) The board may adopt rules to implement this chapter, including
the following:
(1) Procedures for issuing, suspending, revoking, and updating
licenses.
(2) Requiring annual or other regular reports from licensees to:
(A) determine the required amount of bond coverage under this
chapter or the current status of agents or other personnel acting
under the license; or
(B) update other information used in administering the
requirements of this chapter.
[Pre-2008 Recodification Citation: 15-2.1-14-4.]

Legislative History

As added by P.L.2-2008, SEC.8.