Georgia Statutes
§ 4-6-43 — Surety bond - Dealers generally
Georgia·Title 4
(a)No dealer shall purchase livestock at any sales establishment or directly from producers unless he or she has then in force a surety in an amount established in a memorandum of agreement with the department sufficient to secure the performance of the obligations of the holder of such surety.
(b)This Code section shall not be applicable to nor shall a surety be required of a dealer who purchases livestock at sales establishments for cash only. No livestock market operator shall permit a dealer who is not properly licensed and holding surety to purchase livestock other than for cash.
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Legislative History
Amended by 2017 Ga. Laws 42,§ 9, eff. 7/1/2017.
Nearby Sections
15
§ 4-1-1
Definitions§ 4-10-1
Short title§ 4-10-11
Construction of chapter§ 4-10-12
Penalty§ 4-10-2
Legislative findings§ 4-10-3
Definitions§ 4-10-4
License - Requirement