§ 40-15B-1 Definitions
§ 40-15B-2 Price discrimination by packer prohibited–Exemption
§ 40-15B-3 Terms and conditions to be uniform
§ 40-15B-4 Packer to report prices paid
§ 40-15B-5 Agreements in violation of provisions voidable–Violation as fraudulent
§ 40-15B-6 Attorney general to enforce provisions–Action to restrain violation–Civil action–Treble damages
§ 40-15B-7 Packer to make available daily report of prices paid–Forms–Seller’s identity not tobe revealed–Penalties for violation

Terms Used In South Dakota Codified Laws > Title 40 > Chapter 15B - Livestock Packer Transactions

  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2