20:10:12:05.01Form
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
- ARSD 20:10Noticed
- ARSD 20:10Effective
- ARSD 20:10Effective
of grain buyer's additional bond. If a licensed grain buyer furnishes an additional bond to add locations or to bring the bond amount into compliance with the requirements of SDCL 49-45-9, or both, the additional bond may be a rider executed by the corporate surety who issued the original bond filed with the commission or an additional bond executed by a second corporate surety. A rider or additional bond shall be in substantially the same form as required by § 20:10:12:05 for original bonds. The rider or additional bond shall state the name and locations of the grain buyer licensee's facilities covered by the bond.
Source: 40 SDR 39, effective September 9, 2013.
General Authority
- SDCL 49-45-6 ↗Amended by HB1080 (2020) — revise certain provisions regarding grain buyers.
Law Implemented
- SDCL 49-45-9 ↗Amended by SB22 (2024) — amend language regarding the licensing period for a grain buyer.