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.