40-20-10.1. Proceeds of sale held in trust pending authorization.
50 words·~1 min read·
/sd/title-40/chapter-40-20/40-20-10-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If livestock have been shipped to an open market and no authorization for the transportation of such livestock has been obtained, the proceeds of the sale of such livestock shall be held in trust by the operators of the open market until the board authorizes the release of the proceeds.