(1) (a) Each applicant for a commodity handler license shall pay, for each year in which the license is to be valid, a license fee established by the agricultural commission, which license fee the department shall collect and transmit to the state treasurer, who shall credit the same to the inspection and consumer services cash fund created in section 35-1-106.5.
(b) For each fiscal year, commencing on July 1, twenty-five percent of the direct and indirect costs of administering and enforcing this article 36 shall be funded from the general fund. The agricultural commission shall establish a fee schedule to cover any direct and indirect costs not funded from the general fund.
(2) Application for a commodity handler license under this section shall be made to the department upon forms furnished by the department. The application shall include the following information:
(a) The name and address of the applicant; and, if the applicant is a firm, exchange, association, or corporation, the full name of each member of the firm or the names of the officers of the exchange, association, or corporation. The application shall also state the principal business address of the applicant in the state of Colorado and in every other state in which the applicant does business and the names of the persons authorized to receive and accept service of summons and legal notices of all kinds on behalf of the applicant in each state. The applicant shall further satisfy the commissioner of its character, responsibility, and good faith in seeking to carry on the business stated in the application. In determining a person's character, the commissioner shall be governed by the provisions of section 24-5-101.
(b) The location of each public warehouse of the applicant;
(c) The total rated storage capacity in bushels of each public warehouse;
(d) The tariff schedule of charges to be made at each public warehouse for the handling, storage, and shipment of commodities during the license year;
(e) Any other information that the commissioner deems reasonably necessary to carry out the purposes of this article 36.
(3) Fraud or misrepresentation in making any application shall in and of itself work a revocation of any license granted pursuant to the application. All indicia of the possession of a license shall at all times be the property of the state of Colorado, and each licensee is entitled to the possession of the indicia only while said license remains valid and current.