South Dakota Codified Laws 49-43-54. Contract with independent provider to maintain electronic warehouse receipts
Current as of: 2023 | Check for updates
|
Other versions
A warehouse operator may contract with an independent provider to maintain electronic warehouse receipts for grain. A warehouse operator shall issue electronic warehouse receipts through only one independent provider. Prior to engaging in the issuance of electronic warehouse receipts, a warehouse operator shall enter into a user agreement with an independent provider approved by the commission. All electronic warehouse receipts issued by the warehouse operator shall be filed in the independent provider’s electronic central filing system.
Terms Used In South Dakota Codified Laws 49-43-54
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 2012, ch 232, § 2.