(a)The following are grounds for fines, suspension or
cancellation of the license to operate a livestock market if the
board finds:
(i)The licensee has violated this act, any rule or
regulation properly adopted hereunder, any law of Wyoming or
official rule or regulation made pursuant thereto governing the
interstate or intrastate movement, shipment or transportation of
livestock or the requirements for brand or health inspection;
(ii)The licensee is guilty of fraud or
misrepresentation as to the titles, brands or ownership of
livestock;
(iii)The licensee is guilty of buying, receiving or
offering for sale any livestock known by him to be diseased or
to have been exposed to infectious or contagious disease;
(iv)The licensee has failed or refused to practice
measures of sanitation and
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(a) The following are grounds for fines, suspension or
cancellation of the license to operate a livestock market if the
board finds:
(i) The licensee has violated this act, any rule or
regulation properly adopted hereunder, any law of Wyoming or
official rule or regulation made pursuant thereto governing the
interstate or intrastate movement, shipment or transportation of
livestock or the requirements for brand or health inspection;
(ii) The licensee is guilty of fraud or
misrepresentation as to the titles, brands or ownership of
livestock;
(iii) The licensee is guilty of buying, receiving or
offering for sale any livestock known by him to be diseased or
to have been exposed to infectious or contagious disease;
(iv) The licensee has failed or refused to practice
measures of sanitation and inspection required by this act or by
any rule or regulation of the board concerning premises or
vehicles used for stabling, yarding, housing, holding or
transporting animals in the operation of a livestock market;
(v) The licensee has neglected or refused to keep
records required by this act, or rules or regulations of the
board, or fails or refuses to permit inspection of such records
by any authorized agent of the board;
(vi) The licensee has failed or refused to withhold
sale proceeds of any livestock designated by the brand inspector
as having questionable title, or the licensee has failed or
refused to transmit promptly to the board, after expiration of
sixty (60) days, the proceeds of livestock to which ownership
has not been established, in accordance with W.S. 11-22-116;
(vii) The licensee is carrying on the business of a
livestock market without filing and maintaining a valid surety
bond in conformity with W.S. 11-22-107;
(viii) The licensee is carrying on the business of a
livestock market while his current liabilities exceed his
current assets;
(ix) The licensee willfully makes or causes to be
made any false entry or statement of facts in any application,
financial statement or report filed with the board; or
(x) The licensee or operator of any livestock market
has negligently remitted the proceeds of sale of any livestock
subject to brand inspector tally, consigned and delivered to the
licensee for sale, to any person other than the owner of the
livestock, without the prior and express written direction and
approval by the owner of the livestock. If a licensed market
licensee or operator has express notice that any livestock
consigned for sale are mortgaged or subject to other security
agreement, all remittances of proceeds of sale shall be made in
the name of the owner and the party holding the mortgage or
security agreement.