Section 69-517 – DIRECTOR’S AUTHORITY.
69-517. DIRECTOR’S AUTHORITY. The director may, upon his own motion, whenever he has reason to believe the provisions of this chapter have been violated, or upon verified complaint of any person in writing, investigate the actions of any commodity dealer licensed under the provisions of this chapter, and if he finds probable cause to do […]
Section 69-502 – DEFINITIONS.
69-502. DEFINITIONS. As used in this chapter, except as otherwise specified: (1) "Agricultural commodity" means any grain, wheat, barley, oats, corn, rye, oilseeds, dry edible beans, peas, lentils and other leguminous seeds and feeds (not including minerals or seed crops) or any other commodity as determined by the director. (2) "Commodity dealer" or "dealer" means […]
Section 69-518 – APPEALS FROM DECISION OF DIRECTOR.
69-518. APPEALS FROM DECISION OF DIRECTOR. The director shall keep a complete transcript of all proceedings and evidence presented in any hearing before him. The commodity dealer or applicant thereof, or any protestant formally appearing at a hearing before the director for such license, or the holder of any commodity dealer license suspended or revoked, […]
Section 69-503 – LICENSE REQUIREMENTS — FINANCIAL RESPONSIBILITY.
69-503. LICENSE REQUIREMENTS — FINANCIAL RESPONSIBILITY. (1) A person shall not engage in the business of a commodity dealer in this state without having obtained a license issued by the department. (2) The type of license required shall be determined as follows: (a) A class 1 license is required if the commodity dealer purchases agricultural […]
Section 69-519 – LICENSE DENIAL.
69-519. LICENSE DENIAL. (1) Any person against whose commodity dealer bond a claim has been ordered collected or has actually been collected shall not be licensed by the department for a period of three (3) years from the date of such order or collection. License denial may be waived if the person can show to […]
Section 69-504 – LICENSE ISSUANCE — RENEWAL — EXPIRATION.
69-504. LICENSE ISSUANCE — RENEWAL — EXPIRATION. (1) The department shall issue a license when the applicant has filed the application and complied with the terms and conditions of the provisions of this chapter and the rules of the department. The license shall expire on December 31 of each year. (2) A commodity dealer’s license […]
Section 69-505 – EXEMPTIONS.
69-505. EXEMPTIONS. Any person currently licensed under chapter 2, title 69, Idaho Code, is exempt from the licensing provisions of this chapter. History: [69-505, added 1982, ch. 94, sec. 2, p. 180.]
Section 69-256 – CREATION OF INDEMNITY FUND — USES.
69-256. CREATION OF INDEMNITY FUND — USES. (1) There is hereby established within the dedicated fund a fund to be known as the commodity indemnity fund. The commodity indemnity fund shall consist of assessments remitted by producers pursuant to the provisions of this chapter and any interest or earnings on the fund balance. (2) All […]
Section 69-257 – ASSESSMENT — RATE — MINIMUM AND MAXIMUM ASSESSMENT.
69-257. ASSESSMENT — RATE — MINIMUM AND MAXIMUM ASSESSMENT. (1) Every producer shall pay an assessment to the department for deposit in the commodity indemnity fund according to the provisions of this chapter and rules promulgated by the department to implement the provisions of this chapter. (2) Except as provided in this subsection, the rate […]
Section 69-258 – COLLECTION AND REMITTANCE OF ASSESSMENTS — PRINCIPAL AMOUNT HELD IN TRUST — INTEREST EARNED — FAILURE TO COLLECT OR REMIT ASSESSMENTS CONSTITUTES A VIOLATION — INTEREST AND PENALTIES FOR UNPAID ASSESSMENTS.
69-258. COLLECTION AND REMITTANCE OF ASSESSMENTS — PRINCIPAL AMOUNT HELD IN TRUST — INTEREST EARNED — FAILURE TO COLLECT OR REMIT ASSESSMENTS CONSTITUTES A VIOLATION — INTEREST AND PENALTIES FOR UNPAID ASSESSMENTS. (1) The department shall promulgate rules to provide a procedure for the collection and remittance of the producer’s assessments. Any warehouseman or dealer […]