40-21-17. Sale proceeds of undetermined ownership escheat to board--Deposit in ownership inspection and theft prevention fund when ownership not established.
If the ownership of any livestock sold pursuant to §40-21-12 is not established within a one-year period, the net sale proceeds escheat to the board, and the board shall deposit the proceeds in the South Dakota livestock ownership inspection and theft prevention fund, provided for in §40-21-9.
Source: SL 1943, ch 142, §11; SL 1949, ch 144, §4; SDC Supp 1960, §40.12A06; SL 1967, ch 165; SL 1988, ch 328, §92.
Structure South Dakota Codified Laws
Title 40 - Animals and Livestock
Chapter 21 - Brand Inspection And Theft Prevention
Section 40-21-7 - Inspection fee for livestock--Receipt--Charge on entire consignment.
Section 40-21-10 - Proof of ownership required for livestock not bearing seller's brand.
Section 40-21-11 - Proof of ownership required for livestock bearing more than one brand.
Section 40-21-19 - Delegation of board powers to livestock inspection agency.
Section 40-21-20 - Enforcement of rules.
Section 40-21-23 - Venue of offenses.