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.