Brand Assessment
The State Board of Stock Inspection Commissioners has the authority to determine the assessment amount to be collected on each recorded brand every five years.
The assessment fee will be due on all Colorado brands on January 1, 2007. The 2007 assessment fee is $225.00 per brand and will pay the brand for a five year period, which is January 1, 2007 through December 31, 2011.
Assessment notices were mailed to every brand owner in December of 2006. There are currently over 36,600 brands on record in Colorado. Brand owners will have through June 30, 2007, to pay the assessment fee on their brand. Any brand not paid by June 30, 2007, will be considered delinquent and will be assessed late fees along with the 2007 assessment amount.
Any brand that the 2007 assessment fee (along with applicable late fees) is not paid as of June 30, 2010, will be cancelled. Any cancelled brand that is reinstated shall be charged the $100.00 late fee in addition to the previous assessment fees due at the time of reinstatement. All cancelled brands must first be researched to determine if the brand can be reinstated.
The late fee will be assessed according to the following schedule: