49-43-37. Insurance of grain against loss--Violation as misdemeanor.A public grain warehouse shall keep all grain in the warehouse insured at current market value against loss by fire, windstorm, and extended coverage risks. The warehouse operator shall furnish the commission with proof of the insurance when the operator applies for a license. A violation of this section is a Class 1 misdemeanor. Source: SL 2008, ch 249, §25.
South Dakota Legal Code