Colorado § 35-36-203 - Commodity handler licenses - application requirements - fee.

§ 35-36-203. Commodity handler licenses - application requirements - fee.

(1) (a) An applicant for a commodity handler license shall pay, for each year in which the license is to be valid, a license fee established by the commission, which license fee the department shall collect and transmit to the state treasurer, who shall credit the money to the inspection and consumer services cash fund created in section 35-1-106.5.

(b) For each fiscal year, commencing on July 1, twenty-five percent of the direct and indirect costs of administering and enforcing this article 36 shall be funded from the general fund. The commission shall establish a fee schedule to cover any direct and indirect costs not funded from the general fund.

(2) Application for a commodity handler license under this section shall be made to the department upon forms furnished by the department. The application must include the following information:

(a) The name and address of the applicant and, if the applicant is a firm, exchange, association, or corporation, the full name of each member of the firm or the names of the officers of the exchange, association, or corporation;

(b) The principal business address of the applicant in the state of Colorado and in every other state in which the applicant does business and the names of the persons authorized to receive and accept service of summons and legal notices of all kinds on behalf of the applicant in each state. The applicant must satisfy the commissioner of its character, responsibility, and good faith in seeking to carry on the business stated in the application. The commissioner shall make a determination of a person's character in accordance with section 24-5-101.

(c) The location of each public warehouse of the applicant;

(d) The total rated storage capacity in bushels of each public warehouse;

(e) The tariff schedule of charges to be made at each public warehouse for the handling, storage, and shipment of commodities during the license year; and

(f) Any other information that the commissioner deems reasonably necessary to carry out the purposes of this part 2.

(3) The commissioner shall revoke any license granted as a result of an application that is found to have been made through fraud or misrepresentation. All indicia of the possession of a license is the property of the state of Colorado, and each licensee is entitled to the possession of the indicia only while the license remains valid and current.

Source: L. 2020: Entire article amended with relocations, (HB 20-1213), ch. 160, p. 725, § 2, effective June 29.

Editor's note: This section is similar to former § 35-36-105 as it existed prior to 2020.