Section 49-46-4 – Civil fine for violation by utility–Enforcement action–Venue.
49-46-4. Civil fine for violation by utility–Enforcement action–Venue. Any covered utility that violates any mandatory provision of the state plan promulgated under this chapter is subject to a civil fine not to exceed five hundred dollars per day for each day that the covered utility is in violation. Upon the request of the office, the […]
Section 49-46-5 – Liability of utility arranging loans or installation for customer.
49-46-5. Liability of utility arranging loans or installation for customer. No covered utility that arranges for a lender to make a loan to, or an installer to perform work for an eligible customer is liable in any cause of action between such customer and such lender or installer, unless the utility is the lender or […]
Section 49-46-6 – Master record of suppliers, installers and lenders–Requirements for inclusion and removal.
49-46-6. Master record of suppliers, installers and lenders–Requirements for inclusion and removal. The office shall compile and update periodically a master record of suppliers, installers, and lenders who agree to participate in and meet the requirements of the program. The office shall follow the provisions in the state plan with regard to removal procedures from […]
Section 49-47-1 – Definitions.
49-47-1. Definitions. Terms used in this chapter mean: (1)”Adequate remediation,” corrective action by an electric utility that results in, and is reasonably likely to sustain, a reduction of stray current or voltage attributable to the electric utility’s distribution system of fifty percent or less of the preventive action level; (2)”Commission,” the Public Utilities Commission; (3)”Cow […]
Section 49-45-27 – Owner, manager, or chief executive officer responsible for violation is subject to criminal penalty.
49-45-27. Owner, manager, or chief executive officer responsible for violation is subject to criminal penalty. The owner, manager, or chief executive officer of a grain buyer, or any other person in a managerial position, who is responsible for any violation of this chapter by a grain buyer is subject to any criminal penalty that applies […]
Section 49-45-28 – Parent company furnishing financial statements responsible for financial obligations of licensed entity.
49-45-28. Parent company furnishing financial statements responsible for financial obligations of licensed entity. If an applicant for a grain buyer license that is a subsidiary of a parent company submits the financial statements of the parent company, the parent company furnishing the financial statements is responsible for all the financial obligations incurred by the licensed […]
Section 49-45-29 – Grain broker–Prohibited activities–Penalty–Civil fine.
49-45-29. Grain broker–Prohibited activities–Penalty–Civil fine. It is a Class 5 felony for a grain broker to: (1)Negotiate or attempt to negotiate a grain transaction with a grain buyer, who is not licensed in accordance with this chapter; or (2)Take title or attempt to take title to grain that is subject to a transaction being negotiated […]
Section 49-45-16.1 – Receiver–Powers and duties.
49-45-16.1. Receiver–Powers and duties. If the commission determines that it is necessary, the commission may apply to the circuit court in the county in which the grain buyer operates or operated for that court to appoint a receiver. The receiver shall have such powers and duties as the court may direct. Source: SL 2011, ch […]
Section 49-45-17 – Recovery of damages for breach of obligation under bond–Notice to commission–Time for commission response.
49-45-17. Recovery of damages for breach of obligation under bond–Notice to commission–Time for commission response. Any person injured by the breach of any obligation of a grain buyer, for the performance of which a bond has been given under any of the provisions of this chapter, may sue on the bond in the person’s own […]
Section 49-45-18 – Audit of scale tickets–Certification of quantity and class of grain.
49-45-18. Audit of scale tickets–Certification of quantity and class of grain. If the commission becomes aware of any act by any grain buyer as described in §49-45-16, the commission may: (1)Undertake an immediate audit and verify the names and addresses of all outstanding scale ticket holders as revealed by the audit, and audit and certify […]