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§ 40-21-15 Failure of seller to establish ownership--Sale proceeds paid to board--Account of sale.

SD Codified L § 40-21-15 (2019) (N/A)
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40-21-15. Failure of seller to establish ownership--Sale proceeds paid to board--Account of sale. If the seller of an animal sold pursuant to § 40-21-12 fails to establish ownership within sixty days, the board shall order the person who acts as selling agent to pay the net sale proceeds with account of sale of such livestock over to the board. The account of sale shall be prepared by the selling agency in duplicate showing the brand on the animal, the name and address of the shipper, the point of origin, and date of consignment.

Source: SL 1943, ch 142, § 11; SL 1949, ch 144, § 4; SDC Supp 1960, § 40.12A06; SL 1967, ch 165; SL 1988, ch 328, § 90.

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§ 40-21-14 Time allowed for establishment of ownership after sale of animal--Sale price paid to owner.
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§ 40-21-16 Separate fund for sale proceeds of undetermined ownership held by board--Period for which held--Payment to owner on proof of ownership.