20:10:12:08Corporate surety required.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
- ARSD 20:10Noticed
- ARSD 20:10Effective
- ARSD 20:10Effective
The grain buyer's bond filed with the commission shall be provided by a corporate surety company authorized to do business in the state of South Dakota.
Source: 12 SDR 85, retroactively effective July 1, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 35 SDR 48, effective September 9, 2008.
General Authority
- SDCL 49-45-6 ↗Amended by HB1080 (2020) — revise certain provisions regarding grain buyers.
Law Implemented
- SDCL 2008-09 ↗
- SDCL 49-45-9 ↗Amended by SB22 (2024) — amend language regarding the licensing period for a grain buyer.