Bill No.:                     HB0225                                 Drafter:  LGC

 

LSO No.:                   13LSO-0556                         Effective Date:  7/1/2013

 

Enrolled Act No.:    HEA0067

 

Chapter No.:            CH0084

 

Prime Sponsor:       Representative Sommers

 

Catch Title:              Transfer of ownership of livestock and brands.

 

Subject:                     Requirements for brand inspections.

 

 

Summary/Major Elements:

 

 

·        Under current law, a brand inspection is required when a change or ownership occurs.

 

·        This act eliminates the brand inspection requirement if a change of ownership occurs solely due to:

 

·        A legal name change if ownership of the person, firm, partnership, corporation or association remains unchanged;

 

·        The transfer of a brand from an individual or an individual and his spouse to a business entity if the individual or the individual and his spouse own 100% of the business entity;

 

·        A conversion of a business entity; or

 

·        Marriage.