§ 4-7-5. Exemptions.  


Latest version.
  •      The surety and licensing requirements of this chapter do not apply to:
    (1) a livestock market that is bonded as required by laws of the United States and Title 4, Chapter 30, Livestock Markets; or
    (2) a cooperative incorporated under the laws of this state or another state, except as to the receipt of livestock from a nonmember producer.
Amended by Chapter 383, 2011 General Session