Upon the revocation of a grain buyer license, any claim against the grain buyer arising under this chapter must be made in writing and filed with the commission, within ninety days after receiving notice of the revocation. Upon the revocation of a grain buyer license, the commission shall:

1. (1) Once each week for two consecutive weeks, publish notice of the revocation in:

   1. (a) A newspaper of general circulation in each county in which the grain buyer maintains a business location; and
   2. (b) A newspaper of general circulation within the state; and

2. (2) Send, by certified mail, to each scale ticket holder named in an audit prepared pursuant to § 49-45-18, a notice of revocation that includes:

   1. (a) The name and address of the grain buyer;
   2. (b) The effective date of the revocation;
   3. (c) The name and address of the surety on the grain buyer bond; and
   4. (d) A statement that any claims against the grain buyer must be made in writing and sent by ordinary mail to the commission, within ninety days after receiving notice of the revocation.

Source: SL 1989, ch 404 , § 8; SL 1992, ch 332 , § 7; SL 2008, ch 251 , § 18; SL 2017, ch 200 , § 6; SL 2022, ch 176 , § 1.