Idaho Administrative Code
Title IDAPA 02 - Agriculture, Department of
Rule 02.02.13 - COMMODITY DEALERS' RULES
Section 02.02.13.200 - LICENSING APPLICATION FORMAT

Universal Citation: ID Admin Code 02.02.13.200

Current through August 31, 2023

01. License -- Application. Application for a license to operate as a commodity dealer under the provisions of Title 69, Chapter 5, Idaho Code, shall be on a form prescribed by the Department and include: (3-15-22)

a. The full name of the person applying for the license and whether the applicant is an individual, partnership, association, corporation or other entity. (3-15-22)

b. The full name of each member of the firm or partnership, or the names of the officers and directors of the company or limited liability company, association, or corporation. (3-15-22)

c. The address of the principal place of business. (3-15-22)

d. The names of any businesses previously owned or operated by the applicant or any members, officers or directors if the applicant is a corporation, partnership or association. (3-15-22)

e. Information relating to any prior adjudication of bankruptcy relating to the business or any members, officers or directors thereof. (3-15-22)

f. Information relating to any judgments against the applicants. (3-15-22)

g. The location of each office the applicant intends to operate. (3-15-22)

h. Any other reasonable information the Department finds necessary to carry out the purpose and provisions of Title 69, Chapter 5, Idaho Code. (3-15-22)

02. License Conditions of Issuance. An application for license under Title 69, Chapter 5, Idaho Code, shall include: (3-15-22)

a. Application on a form prescribed by the Director. (3-15-22)

b. A current financial statement as specified by Section 69-503 and 69-521, Idaho Code. (3-15-22)

c. A bond or bonds as required by Section 69-506, Idaho Code. (3-15-22)

d. The license fee as prescribed by Section 69-508, Idaho Code. (3-15-22)

e. Compliance with all rules adopted pursuant to Title 69, Chapter 5, Idaho Code. (3-15-22)

f. Any other reasonable information the Department finds necessary to carry out the purpose and provisions of Title 69, Chapter 5, Idaho Code. (3-15-22)

03. License Modification. At the request of the license holder a license may be modified to change existing license classification, providing all requirements of Section 69-508, Idaho Code, are met. (3-15-22)

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