§ 15-19-6-18 — Charges for recording and rerecording of brands

(a) The board may establish and collect:
(1) up to thirty-five dollars ($35) for each brand recording; and
(2) fair and reasonable charges related to the cost of administering
a brand recordation program for:
(A) the rerecording of brands;
(B) the recording of instruments transferring ownership of
brands; and
(C) certificates of recordation or rerecordation of brands.
(b) The board shall deposit fees collected under this section in the
brand registration fund. The brand registration fund is a nonbudgetary
fund, and the money remaining in the brand registration fund at the end
of a state fiscal year does not revert to the state general fund. The board
may disburse money from the brand registration fund to defray the
administrative costs of implementing this chapter.
[Pre-2008 Recodification Citation: 15-5-14-13.]

Legislative History

As added by P.L.2-2008, SEC.10.