81-8-265. Refusal to issue or renew license — suspension or revocation. (1) The department may refuse to issue or renew a license in accordance with the provisions of 81-8-273.

Terms Used In Montana Code 81-8-265

  • Contract: A legal written agreement that becomes binding when signed.
  • Department: means the department of livestock provided for in Title 2, chapter 15, part 31. See Montana Code 81-8-213
  • Livestock: means cattle, calves, hogs, pigs, horses, mules, sheep, lambs, and goats. See Montana Code 81-8-213
  • Livestock market: means :

    (i)a person engaged in the business of buying or selling livestock in commerce on a commission basis;

    (ii)a person engaged in the business of furnishing stockyard services; or

    (iii)a livestock video auction as defined in this section. See Montana Code 81-8-213

  • Livestock video auction: means a person who conducts the business of buying or selling livestock on a commission or fee basis through the use of online, video, or other electronic means and who provides the means for handling receivables or proceeds resulting from these types of transactions. See Montana Code 81-8-213

(2)The department may suspend or revoke a license in accordance with the provisions of 81-8-274.

(3)If the contract between the livestock dealer or the livestock market and the livestock video auction is terminated, rescinded, breached, or otherwise materially altered by either party, the department may refuse to renew the license or may suspend or revoke the license.