§ 25-36.5-1-2 — Application for registration; contents; filing; prior registration

Indiana § 25-36.5-1-2

• Jurisdiction: Indiana
• Title 25: PROFESSIONS AND OCCUPATIONS
• Art. 36.5: TIMBER BUYERS
• Ch. 1: Regulation of Timber Buyers by Department of Natural

Text

(a) On and after July 28, 1972, no person
shall engage in the business of timber buying in the state of Indiana
without a registration certificate issued by the department. Application
for Indiana registration to engage in the business of timber buying shall
be filed with the department. Such application shall set forth the name
of the applicant, its principal officers if the applicant is a corporation,
its managers and members if the applicant is a limited liability
company, or the partners if the applicant is a partnership, the location
of any principal office or place of business of the applicant, the
counties in this state from which the applicant proposes to engage in
the business of timber buying and such additional information as the
department by regulation may require.
(b) The application shall set forth the aggregate dollar amount paid
to timber growers for timber purchased in this state during the
applicant's last completed fiscal or calendar year. In the event the
applicant has been engaged as a timber buyer for less than one (1) year,
his application shall set forth the dollar amount paid to timber growers
for the number of completed months during which the applicant has
been so engaged. If the applicant has not been previously engaged in
buying timber in this state, the application shall set forth the estimated
aggregate dollar amount to be paid by the applicant to timber growers
for timber to be purchased from them during the next succeeding year.
(c) The registrations of any persons registered as timber buyers
under any prior law in this state shall remain valid until the expiration
date of that certificate, unless suspended or revoked. After the
expiration of such registrations, all persons engaged in the business of
timber buying must be registered under this chapter.
Formerly: Acts 1972, P.L.190, SEC.1. As amended by Acts
1982, P.L.154, SEC.128; P.L.8-1993, SEC.398.