South Dakota § 40-15A-8.1 Partial payment of purchase price at time of sale or delivery--Payment of balance.

South Dakota Statutes

§ 40-15A-8.1 — Partial payment of purchase price at time of sale or delivery--Payment of balance.

South Dakota § 40-15A-8.1

Title 40ANIMALS AND LIVESTOCK

Ch. 40-15ALIVESTOCK DEALERS, PACKERS AND PACKER BUYERS

This text of South Dakota § 40-15A-8.1 (Partial payment of purchase price at time of sale or delivery--Payment of balance.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 40-15A-8.1 (2026).

Text

Every licensee under this chapter shall pay, upon request by the seller, eighty percent of the negotiated value of livestock sold at the time of the sale or delivery of the livestock sold, if the term of the sale is on the grade or carcass basis. Thereafter, upon the livestock slaughtered and the determination of the yield and final grade are established, the balance shall be paid on the day following sale determination.

Free access — add to your briefcase to read the full text and ask questions with AI

Every licensee under this chapter shall pay, upon request by the seller, eighty percent of the negotiated value of livestock sold at the time of the sale or delivery of the livestock sold, if the term of the sale is on the grade or carcass basis. Thereafter, upon the livestock slaughtered and the determination of the yield and final grade are established, the balance shall be paid on the day following sale determination.