South Dakota § 49-45-29 - Grain broker--Prohibited activities--Penalty--Civil fine.
Full text of South Dakota South Dakota Codified Laws § 49-45-29 — Grain broker--Prohibited activities--Penalty--Civil fine., with citation guidance and answers to common questions.
§ 49-45-29. Grain broker--Prohibited activities--Penalty--Civil fine.
It is a Class 5 felony for a grain broker to:
(1) Negotiate or attempt to negotiate a grain transaction with a grain buyer, who is not licensed in accordance with this chapter; or
(2) Take title or attempt to take title to grain that is subject to a transaction being negotiated by the grain broker.
The commission may assess a civil fine against a grain broker in the amount of five thousand dollars for each violation of this section, up to a maximum fine of fifty-thousand dollars, annually.
Source: SL 2022, ch 175, § 3.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-45-29
What does South Dakota Codified Laws § 49-45-29 cover?
Section 49-45-29 ("Grain broker--Prohibited activities--Penalty--Civil fine.") 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 § 49-45-29?
A common citation format is "South Dakota Codified Laws § 49-45-29" (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 § 49-45-29 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.