Section 40-21-15 - Failure of seller to establish ownership--Sale proceeds paid to board--Account of sale

40-21-15. Failure of seller to establish ownership--Sale proceeds paid to board--Account of sale.If the seller of an animal sold pursuant to §40-21-12 fails to establish ownership within sixty days, the board shall order the person who acts as selling agent to pay the net sale proceeds with account of sale of such livestock over to the board. The account of sale shall be prepared by the selling agency in duplicate showing the brand on the animal, the name and address of the shipper, the point of origin, and date of consignment. Source: SL 1943, ch 142, §11; SL 1949, ch 144, §4; SDC Supp 1960, §40.12A06; SL 1967, ch 165; SL 1988, ch 328, §90.