South Dakota Codified Laws 40-15-32.1. Grounds for revocation, suspension, or refusal to renew license
The Animal Industry Board may revoke or may suspend an existing license or may refuse to renew a license if the holder or applicant:
(1) Makes a material false statement in an application for a license or testifies falsely on behalf of such application;
Terms Used In South Dakota Codified Laws 40-15-32.1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
(2) Misuses, withdraws, diverts, or fails to directly deposit custodial funds in the custodial account required by the provisions of the Packers and Stockyards Act of 1921 and § 40-15-31;
(3) Has not filed or maintained a surety bond or an equivalent security in the form and amount required under the provisions of § 40-15-10;
(4) Has not satisfactorily demonstrated that the current assets of the agency exceed the current liabilities of the agency;
(5) Has been convicted, pled guilty, or pled nolo contendere before any state or federal court to charges of forgery, theft, theft by deception, bribery, embezzlement, theft by threat, conspiracy to defraud or other like offense, or violation of the livestock laws of this state;
(6) Has been suspended by order of the secretary of agriculture of the United States Department of Agriculture under the provisions of the Packers and Stockyards Act of 1921; or
(7) Has failed to comply with the provisions of § 40-15-27 or 40-15-28, or willfully falsifies records required under this chapter.
Source: SL 1988, ch 326, § 2; SL 1990, ch 325, § 268.