If a brand is canceled as provided in § 40-19-17, the owner of the brand may select a replacement brand that does not conflict with any other brands of record. The owner may apply for a replacement brand as though he is applying for a new brand except that no new brand fee may be assessed for the brands.

Source: SDC 1939, § 40.1210; SL 1965, ch 168 ; SL 1984, ch 269 , § 7.