South Dakota § 40-15-3 - Application for auction agency license--Contents.
Full text of South Dakota South Dakota Codified Laws § 40-15-3 — Application for auction agency license--Contents., with citation guidance and answers to common questions.
§ 40-15-3. Application for auction agency license--Contents.
All applications for a license to operate a livestock auction agency shall be made in writing to the Animal Industry Board in the form prescribed by the board and shall contain:
(1) The name and addresses of the applicant and all persons having any financial interest in the application and the amount of such interest;
(2) Financial responsibility of the applicant in the form of a statement of assets and liabilities;
(3) A legal description of the property and its location together with a description of the facilities proposed to be used in the operation of such livestock auction agency;
(4) A statement of the facts upon which the applicant relies, the benefits to be derived by the livestock industry and the services proposed to be rendered regularly through the year;
(5) Applicant's experience in the livestock industry including any past operation of a livestock auction agency.
Source: SDC 1939, § 40.2002 as added by SL 1961, ch 204, § 2; SL 1990, ch 325, § 239.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 40-15-3
What does South Dakota Codified Laws § 40-15-3 cover?
Section 40-15-3 ("Application for auction agency license--Contents.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 40-15-3?
A common citation format is "South Dakota Codified Laws § 40-15-3" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 40-15-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.