S.C. Code Regs. § § 5-581

Current through Register Vol. 48, No. 11, November 22, 2024

Section 5-581 - Dealers and Handlers of Agricultural Products

1. Any person, association, itinerant dealer, copartnership or corporation who purchases or handles agricultural products for South Carolina farmers and pays for such products by means of a check or on a contract basis are required to obtain a license and bond.

2. Any person who is an agent for a licensed Dealer and Handler shall have on his possession a buyer's card issued by the South Carolina Department of Agriculture showing the name of the licensed Dealer and Handler.

3. All applicants for a Dealer and Handler License must post a surety bond in the amount of twenty-five thousand dollars or an amount equal to the maximum amount of business done or estimated to be done in any month by the applicant, whichever is less. The surety bond must be executed by a surety corporation authorized to transact business in the State.

S.C. Code Regs. § 5-581

Amended by State Register Volume 7, Issue No. 6, eff June 24, 1983.