LegalFix
Sign In

§ 49-45-26 Time and place for providing requested records--Violation as misdemeanor--Civil fine.

SD Codified L § 49-45-26 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

49-45-26. Time and place for providing requested records--Violation as misdemeanor--Civil fine. A grain buyer, whether licensed or unlicensed, who purchases grain within the state shall have the ability to provide all of the books, accounts, and electronic records relating to the transactions of the grain buyer, either within or without the state, upon request or within five working days of the request. Any requested materials shall be provided to the inspector at a licensed location within the state or at the offices of the commission. A willful violation of this section is a Class 1 misdemeanor.

In addition, the commission may assess a civil fine in an amount not to exceed one thousand dollars for each day requested materials are withheld up to a maximum of twenty thousand dollars.

Source: SL 2013, ch 238, § 18, eff. Apr. 1, 2013.

Previous Section
§ 49-45-25 Notice to commission of grain buyer's noncompliant financial condition--Violation as felony or misdemeanor--Civil fine.
Next Section
§ 49-45-27 Owner, manager, or chief executive officer responsible for violation is subject to criminal penalty.