It is hereby further declared to be in the public interest and highly advantageous to the agricultural economy of the state that producers of milk and milk products on a commercial basis shall be permitted by referendum to be held among such respective groups and subject to the provisions of KRS § 247.450 to KRS § 247.505, to levy upon themselves an assessment on such commodity and provide for the collection of the same, for the purpose of financing or contributing towards the financing of a program of promoting, advertising, researching and other methods designed to increase the consumption, use and sale of, and the domestic as well as foreign markets for, such agricultural commodity.
History: Created 1968 Ky. Acts ch. 171, sec. 4.

Terms Used In Kentucky Statutes 247.460

  • Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

Note: Former KRS § 247.460, “Commission may have summary of work published”, was created by 1940 Ky. Acts ch. 11, sec. 4, but was not compiled in Carroll’s statutes. This section was considered obsolete and was omitted from the 1948 edition of the KRS and subsequent editions.