Bill 2512

                    Current Status

Bill Number:               2512
Ratification Number:       198
Act Number                 141
Introducing Body:          House
Subject:                   Agribusiness license and a single bond
                           issued by the State Department of
                           Agriculture

(A141, R198, H2512)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 46-3-175 SO AS TO PROVIDE FOR AN AGRIBUSINESS LICENSE AND A SINGLE BOND ISSUED BY THE STATE DEPARTMENT OF AGRICULTURE IN LIEU OF A LICENSE OR PERMIT AND A SEPARATE BOND FOR SEED DEALERS, DEALERS IN AGRICULTURAL PRODUCTS, PUBLIC WEIGHMASTERS, AND DEPUTY WEIGHMASTERS.

Be it enacted by the General Assembly of the State of South Carolina:

Agribusiness license, fee, bond

SECTION 1. The 1976 Code is amended by adding:

"Section 46-3-175. In lieu of licenses or permits or renewals of them required by Sections 39-11-30 and 39-11-50 for public weighmasters or deputy weighmasters, 46-21-40 for seed dealers, 46-41-50 for dealers in agricultural products, any qualified person of whom such a license or permit is required may obtain an agribusiness license which qualifies him to engage in any of the businesses listed above. The agribusiness license must be issued by the Department of Agriculture upon the payment annually of a fee of seventy-six dollars and shall expire on June thirtieth of each year. Posting of a bond in the sum of twenty-five thousand dollars with the Commissioner of Agriculture by the agribusiness licensee as principal by a corporate surety company authorized to do business in this State assuring the same compliance provisions as Sections 39-11-70 for weighmasters, and 46-41-60 for dealers in agricultural products shall satisfy the bonding and evidence of financial responsibility requirements of those code sections."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.