2012 South Dakota Codified Laws
Title 38 AGRICULTURE AND HORTICULTURE
Chapter 14. Discrimination In Purchase Of Grain And Flaxseed
§38-14-5 Agreements for future purchases to be in writing--Contents--Distribution of copies.


SD Codified L § 38-14-5 (through 2012) What's This?


38-14-5. Agreements for future purchases to be in writing--Contents--Distribution of copies. When any grain or flaxseed is purchased by a public warehouse or miller engaged in the purchase of grain and flaxseed for delivery after the purchase agreement is made, the terms of such agreement shall be reduced to writing in duplicate, showing the date, place, kind, grade, and quality, number of bushels, price agreed upon, period allowed for delivery, and the signatures of the seller and buyer or their agents. One copy shall be retained by the seller and the other by the buyer as a permanent record in his office.

Source: SL 1937, ch 203, § 2; SDC 1939, § 4.1702.

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