25-1730. BOND OF APPLICANT. No market charter or renewal of market charter shall be issued until the applicant shall have executed a surety bond as required under the provisions of that certain act of the congress of the United States known as the Packers and Stockyards Act, as amended (7 USC 181, et seq.) for market agencies selling on commission. A certified copy of such bond in full force and effect as on file with the United States department of agriculture shall be filed with the director and shall satisfy the requirements of this section.
History:
[25-1730, added 1961, ch. 201, sec. 12, p. 310; am. 1974, ch. 18, sec. 155, p. 364.]