Kentucky Revised Statutes Title XXI. Agriculture and Animals § 261.375.License required; renewal, records of transactions; violations; license revocation or suspension

(1) No person shall engage in the business of being a livestock dealer without having first obtained a license from the department. Application for a license shall be made on a form provided by the department and accompanied by a fee of ten dollars ($10), payable to the Kentucky State Treasurer. The license shall expire on December 31 and shall be renewed annually.

(2) Any livestock dealer shall maintain records of all transactions conducted by him for the next preceding two (2) year period, including the names and addresses of persons from whom he has purchased or to whom he has sold livestock and the date of the transactions, and make the records available to department representatives upon request, but shall not be required to maintain or furnish records or information as to the amount paid or received for any head of livestock.

(3) The following acts by any livestock dealer shall be violations of this chapter and may result in a license being revoked or suspended by the Commissioner of Agriculture:

(4) If the Commissioner has reasonable cause to believe any provision of this chapter is being or has been violated by any livestock dealer, the Commissioner shall notify the livestock dealer that his license may be suspended or revoked.