§ 49-45-1 Grain buyer’s license–Penalty–Civil fine
§ 49-45-1.1 Definitions
§ 49-45-3 Expiration, revocation, and suspension of license–Appeal
§ 49-45-6 Supervision of grain buyers–Promulgation of rules
§ 49-45-7 Application for license–Contents–Issuance or denial–Multiple warehouses of licensee
§ 49-45-7.1 Classes of grain buyer’s license
§ 49-45-8 Fee for license application–Waiver
§ 49-45-9 Bond requirements–Violation as misdemeanor–Amount
§ 49-45-9.1 Filing of financial documents in lieu of bond
§ 49-45-10 Payment for grain by buyer
§ 49-45-10.1 Uniform scale tickets or receipts
§ 49-45-11 Voluntary credit sales
§ 49-45-13 Inspection of buyers’ facilities–Examination of books–Subpoena power
§ 49-45-13.1 Memorandum of adjustments–Civil fine for failure to comply
§ 49-45-14 Reports by buyers–Public inspection not permitted–Violation as misdemeanor
§ 49-45-16 Grounds for suspension of grain buyer’s license–Hearing–Revocation
§ 49-45-16.1 Receiver–Powers and duties
§ 49-45-17 Recovery of damages for breach of obligation under bond–Notice to commission–Time for commission response
§ 49-45-18 Audit of scale tickets–Certification of quantity and class of grain
§ 49-45-19 Grain buyer license–Revocation–Filing of claims
§ 49-45-21 Commission authorized to contract for inspection of grain buyers’ assessment and checkoff records
§ 49-45-22 Class A license requirements–Violation as misdemeanor
§ 49-45-23 Records of grain purchased and contracts
§ 49-45-24 Notice of destruction of or damage to facility
§ 49-45-25 Grain buyer’s financial condition–Notice to commission–Penalty–Civil fine
§ 49-45-26 Provision of requested records–Penalty–Civil fine
§ 49-45-27 Owner, manager, or chief executive officer responsible for violation is subject to criminal penalty
§ 49-45-28 Parent company furnishing financial statements responsible for financial obligations of licensed entity
§ 49-45-29 Grain broker–Prohibited activities–Penalty–Civil fine
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Terms Used In South Dakota Codified Laws > Title 49 > Chapter 45 - Grain Buyers

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Subpoena: A command to a witness to appear and give testimony.
  • Trustee: A person or institution holding and administering property in trust.