Statutes, codes, and regulations
South Dakota Codified Laws
Title 40 - ANIMALS AND LIVESTOCK
Chapter 20 - LIVESTOCK OWNERSHIP INSPECTION AREA
Section 40-20-10.1 - Proceeds of sale held in trust pending authorization

S.D. Codified Laws § 40-20-10.1

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Current through the 2024 Legislative Session
Section 40-20-10.1 - Proceeds of sale held in trust pending authorization

If livestock have been shipped to an open market and no authorization for the transportation of such livestock has been obtained, the proceeds of the sale of such livestock shall be held in trust by the operators of the open market until the board authorizes the release of the proceeds.

SDCL 40-20-10.1

SDCL, § 40-20-7 as added by SL 1972, ch 219, § 2; SL 1988, ch 328, § 54.