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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 49-45-29: Grain broker--Prohibited activities--Penalty--Civil fine.

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Where this section sits in the code
  1. TITLE 49. PUBLIC UTILITIES AND CARRIERS
  2. CHAPTER 49-45. GRAIN BUYERS

It is a Class 5 felony for a grain broker to:

(1) Negotiate or attempt to negotiate a grain transaction with a grain buyer, who is not licensed in accordance with this chapter; or

(2) Take title or attempt to take title to grain that is subject to a transaction being negotiated by the grain broker.

The commission may assess a civil fine against a grain broker in the amount of five thousand dollars for each violation of this section, up to a maximum fine of fifty-thousand dollars, annually.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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