This chapter does not apply to persons licensed under chapter 40-15 or to farmers, ranchers, or livestock feeders who buy or sell livestock in the ordinary course of their business.
S.D. Codified Laws § 40-15A-2
Auction agencies, farmers, ranchers, and livestock feeders exempt
Source: SL 1972, ch 221, § 2; SL 1990, ch 325, § 277.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.