South Dakota § 49-45-1 Grain buyer's license--Penalty--Civil fine.

South Dakota Statutes

§ 49-45-1 — Grain buyer's license--Penalty--Civil fine.

South Dakota § 49-45-1

Title 49PUBLIC UTILITIES AND CARRIERS

Ch. 49-44GRAIN BUYERS

This text of South Dakota § 49-45-1 (Grain buyer's license--Penalty--Civil fine.) 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 § 49-45-1 (2026).

Text

Before transacting the business of a grain buyer in this state, a person shall obtain a grain buyer license from the commission. A violation of this section is a Class 5 felony if the person holds himself or herself out to be a grain broker and a Class 1 misdemeanor in all other cases. Each purchase of grain without a license is a separate offense. A grain buyer transacting business without a license may be enjoined upon complaint of the commission. The commission may assess a civil fine against an unlicensed grain buyer in the amount of five thousand dollars for each purchase of grain, up to a maximum fine of fifty thousand dollars per licensing period, as set forth in § 49-45-3 . For purposes of this section, the term, purchase of grain, means a transaction evidenced by the issuance of a

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Before transacting the business of a grain buyer in this state, a person shall obtain a grain buyer license from the commission. A violation of this section is a Class 5 felony if the person holds himself or herself out to be a grain broker and a Class 1 misdemeanor in all other cases. Each purchase of grain without a license is a separate offense. A grain buyer transacting business without a license may be enjoined upon complaint of the commission. The commission may assess a civil fine against an unlicensed grain buyer in the amount of five thousand dollars for each purchase of grain, up to a maximum fine of fifty thousand dollars per licensing period, as set forth in § 49-45-3 . For purposes of this section, the term, purchase of grain, means a transaction evidenced by the issuance of a uniform scale ticket or receipt, as described in § 49-45-10.1 .

Legislative History

SL 1949, ch 434, § 1; SL 1957, ch 488; SDC Supp 1960, § 60.0335; SL 1983, ch 15, § 174; SL 1985, ch 376, § 71; SL 1992, ch 332, § 5; SL 2008, ch 251, § 1; SL 2022, ch 174, § 4; SL 2022, ch 175, § 1.