25-1729. TRANSFERS OF MARKET CHARTERS — HEARING AND CHARTER FEES. Each market charter is personal to the holder and the facilities covered thereby, and transferable only upon application in the same form and manner as new applications for such market charters. A change in the membership of a partnership or association, or the sale or transfer, directly or indirectly, of a controlling interest in the stock ownership of a corporate market charter holder shall be deemed a transfer of the market charter, subject to the requirements of this section.
Any transfer of a market charter shall be accompanied by a processing fee of one hundred dollars ($100), which sum shall not be returnable to the applicant and which sum shall be remitted by the director to the public livestock market fund. Each such application shall also be accompanied by a separate remittance of the annual charter fee. If within ten (10) days after notice to those persons to whom notice is required to be given by section 25-1725, Idaho Code, a request for a hearing is not made by such a person, the director may transfer a market charter without a hearing if he finds that such a transfer meets the conditions required for a new charter but should a hearing be necessary, an additional fee of one hundred fifty dollars ($150) shall be remitted to the director before the proceedings shall begin.
History:
[25-1729, added 1961, ch. 201, sec. 11, p. 310; am. 1965, ch. 65, sec. 4, p. 100; am. 1967, ch. 221, sec. 1, p. 667; am. 1974, ch. 18, sec. 154, p. 364; am. 1985, ch. 238, sec. 5, p. 566.]
Structure Idaho Code
Chapter 17 - LIVESTOCK MARKETS
Section 25-1719 - SHORT TITLE.
Section 25-1720 - STATEMENT OF PURPOSE.
Section 25-1721 - DEFINITIONS OF TERMS.
Section 25-1723 - ADMINISTRATION OF ACT.
Section 25-1724 - MARKET CHARTER AND APPLICATION — FEES, CHARTER AND HEARING.
Section 25-1725 - NOTICE OF HEARING ON APPLICATION.
Section 25-1726 - HEARING ON APPLICATION.
Section 25-1729 - TRANSFERS OF MARKET CHARTERS — HEARING AND CHARTER FEES.
Section 25-1730 - BOND OF APPLICANT.
Section 25-1731 - RECORDS OF CHARTER HOLDER.
Section 25-1733 - APPEALS FROM DECISIONS OF DIRECTOR.
Section 25-1735 - LICENSED WEIGHMASTER.