South Carolina Legislature


 

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H 2055
Session 103 (1979-1980)


H 2055 General Bill, By R.K. Anderson
 A Bill to amend Sections 46-41-10, 46-41-20, 46-41-30, 46-41-60, 46-41-90 and
 46-41-170, Code of Laws of South Carolina, 1976, relating to dealers and
 handlers of agricultural products, so as to define "dealer in agricultural
 products" to include any person licensed as a dealer in agricultural products;
 to delete an exception from licensing requirements for persons who submit
 financial statements acceptable to the Commissioner of Agriculture; to
 increase the amount of the surety bond required of applicants for a dealer's
 license from Three thousand dollars to Five thousand dollars or in an amount
 equal to the maximum amount of business estimated to be done in any thirty-day
 period by the applicant; to provide that no dealer's accounts payable shall
 exceed the amount of his surety bond; to authorize the Commissioner to monitor
 bonding requirements monthly; to provide that, when payment of consigned goods
 sold by a dealer is not paid within ten days, a copy of the contract or
 written agreement authorizing the payment to be made later than ten days after
 sale shall be forwarded to the Commissioner; to increase the penalties for
 violations for a first offense from One thousand dollars to Ten thousand
 dollars and for a second or subsequent offense from Three thousand dollars to
 Fifty thousand dollars.
   12/11/78  House  Prefiled
   12/11/78  House  Referred to Committee on Agriculture and Natural
                     Resources
   01/09/79  House  Introduced and read first time HJ-72
   01/09/79  House  Referred to Committee on Agriculture and Natural
                     Resources HJ-72




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