S.D. Admin. R. 20:10:11:12.02

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:10:11:12.02 - Power of attorney requirement

A warehouse operator or a third party may not handle electronic warehouse receipts on behalf of a depositor unless a written power of attorney to do so has been provided by the depositor. The power of attorney shall be provided to the commission for inspection and verification upon the commission's request.

S.D. Admin. R. 20:10:11:12.02

40 SDR 39, effective 9/9/2013.

General Authority: SDCL 49-43-2.1, 49-43-4.1(6), 49-43-56.

Law Implemented: SDCL 49-43-2.1, 49-43-4.1(6), 49-43-56.