{"data":{"id":"us-sd/sdcl-49-45-6","jurisdiction":"us-sd","citation":"SDCL § 49-45-6","heading":"Supervision of grain buyers--Promulgation of rules.","body":"The commission shall supervise the business of grain buyers in this state and administer the laws in relation thereto. The commission may promulgate rules, pursuant to chapter 1-26, concerning:\n(1) The form of a grain buyer's bond and application and the information required to be included for licensing;\n(2) Requirements for posting grain buyer's licenses;\n(3) Notice requirements to sellers who enter into voluntary credit sale agreements;\n(4) Requirements for filing financial statements with the commission and the financial standards by which the statements are approved when considering whether to license a grain buyer;\n(5) Requirements for grain buyers to provide information to sellers regarding the statutes and rules relating to grain buyers;\n(6) Requirements and procedures for releasing bonds; and\n(7) Procedures and requirements for license suspension, revocation, transfer of ownership, or insolvency by a grain buyer.","path":["TITLE 49. PUBLIC UTILITIES AND CARRIERS","CHAPTER 49-45. GRAIN BUYERS"],"source_url":"https://sdlegislature.gov/Statutes/49-45-6","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6cb79475f1b642589b5d480b382a5db70bcb8ba4e7460db9f94cf9b3b163cd09","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-49-45-4","next":"us-sd/sdcl-49-45-7"},"notice":"GroundRules: Original legal text. Not legal advice."}