268.141. Owner of brand to pay fee, when, amount--forfeiture of brand, reissuance, when.
Owner of brand to pay fee, when, amount--forfeiture of brand,reissuance, when.
268.141. Each owner of a brand of record shall pay to thedirector a fee of twenty dollars on March first of each fifthyear after registration. The director shall give a receipt forall such payments made and if any owner of a brand of recordshall fail, refuse, or neglect to pay such fee by July first ofeach year in which it is due, the brand shall become forfeitedand no longer be carried in the record. Any such forfeited brandshall not be issued to any other person within a period of lessthan five years following date of forfeiture.
(L. 1971 H.B. 134 § 15, A.L. 1992 H.B. 878)