{"data":{"id":"us-sd/sdcl-40-15-7","jurisdiction":"us-sd","citation":"SDCL § 40-15-7","heading":"Factors considered in determining whether to issue license.","body":"In determining whether a license to operate a livestock auction agency should be granted or denied, the Animal Industry Board shall give reasonable consideration to:\n(1) The ability of the applicant to comply with the Federal Packers and Stockyard Act, as amended (7 U.S.C. § 181 et seq.) and the rules of the Animal Industry Board;\n(2) The continuing financial stability, business integrity, and fiduciary responsibility of the applicant;\n(3) The livestock industry marketing benefits to be derived from the establishment and operation of the livestock auction agency proposed in the application;\n(4) The adequacy of the facilities set forth to permit the performance of livestock agency services proposed in the application;\n(5) Whether the proposed livestock auction agency would be permanent and continuous.","path":["TITLE 40. ANIMALS AND LIVESTOCK","CHAPTER 40-15. LIVESTOCK AUCTION AGENCIES"],"source_url":"https://sdlegislature.gov/Statutes/40-15-7","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"504e507475ca21137a89d6c7965e86be669fe9b39b14167053eafcf284277cf0","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-40-15-6","next":"us-sd/sdcl-40-15-8"},"notice":"GroundRules: Original legal text. Not legal advice."}