South Dakota Codified Laws 40-20-10.1. Proceeds of sale held in trust pending authorization
Current as of: 2023 | Check for updates
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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.
Source: SDCL, § 40-20-7 as added by SL 1972, ch 219, § 2; SL 1988, ch 328, § 54.