137.140 Transporter to collect and pay over tax.

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137.140 Transporter to collect and pay over tax. Every transporter of crude petroleum shall be liable for the taxes imposed under KRS <br>137.120 on all crude petroleum received by him. He shall collect from the producer, in <br>money or crude petroleum, the taxes imposed. If collection is in crude petroleum, the <br>transporter may sell the same and pay the taxes by check or cash to the Department of <br>Revenue or sheriff, as provided in KRS 137.150 and 137.160. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 85, sec. 341, effective June 20, 2005. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. <br>sec. 4223c-7.