Section 411.266

Title XXVI TRADE AND COMMERCE

Chapter 411

Effective - 22 Apr 1986, see footnote   

  411.266.  Renewal of license — application, contents of — penalty for late renewal. — If a public warehouseman licensed under this chapter desires to renew the license for an additional year, application for the renewal shall be made on a form prescribed by the director and shall be accompanied by a financial statement, as required by section 411.260, with such additional information or verification with respect to the financial resources of the applicant as the director may require.  The application fee of fifty dollars shall not be required.  At least sixty days prior to the expiration of each license issued by the director under this chapter, the director shall notify the warehouseman of the date of expiration and furnish the warehouseman with the renewal form.  The warehouseman shall submit the application at least thirty days prior to the date of expiration of the license and for each day less than thirty days, the warehouseman shall be penalized an additional fee of ten dollars per day for every day beyond the due date for the application.  The date of submission of the application shall be determined as the date postmarked.

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(L. 1965 p. 606, A.L. 1977 S.B. 75, A.L. 1980 S.B. 601, A.L. 1986 H.B. 1578)

Effective 4-22-86