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 by the grain broker. The commission may assess a civil fine against a grain broker in the amount of five thousand dollars for each violation of this section, up to a maximum fine of fifty-thousand dollars, annually. Source: SL 2022, ch 175, § 3.