S.D. Admin. R. 20:10:12:05.01
Current through Register Vol. 50, page 159, June 17, 2024
If a licensed grain buyer furnishes an additional bond to add locations or to bring the bond amount into compliance with the requirements of SDCL 49-45-9, or both, the additional bond may be a rider executed by the corporate surety who issued the original bond filed with the commission or an additional bond executed by a second corporate surety.
A rider or additional bond shall be in substantially the same form as required by § 20:10:12:05 for original bonds. The rider or additional bond shall state the name and locations of the grain buyer licensee's facilities covered by the bond.
S.D. Admin. R. 20:10:12:05.01
General Authority: SDCL 49-45-6(1).
Law Implemented: SDCL 49-45-9.