As used in this chapter, unless the context requires otherwise:
A stockyard includes any place, establishment, or facility commonly known as a stockyard, which is conducted, operated, or managed for profit or nonprofit as a public market for livestock producers, feeders, market agencies, and buyers, consisting of pens or other enclosures and their appurtenances, in which livestock are received, held, or kept for sale or shipment in commerce;
KRS 261.200