33 chapters · 482 sections in this title.
S.C. Code Ann. § 46-40-20 Definitions
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As used in this chapter: (1) "Department" means the South Carolina Department of Agriculture. (2) "Fair market value" means the value based on the average market price being paid to grain dealers by grain processors on a specified date. (3) "Grain" means any feed grains or oil se…
S.C. Code Ann. § 46-40-30 Assessments
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An assessment of two cents a bushel must be imposed on all grain handled by grain dealers other than grain for which a prior grain dealer has already paid the assessment. The assessment must be reported and remitted to the department by the grain dealer as of the month in which t…
S.C. Code Ann. § 46-40-40 State Treasurer to administer fund; presentation of claims against Southern Soya Corporation; time for filing; verification; relation to other funds; subrogation
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(A) The State Treasurer shall administer the investment of the fund. The department shall administer the collection of assessments and investigate losses for which payment is requested. After verifying a grain dealer's losses, the department shall request that payment for verifie…
S.C. Code Ann. § 46-40-50 Loan from Insurance Reserve Fund authorized; repayment; disposition of federal funds or other funds not received from assessments
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(A) The Insurance Reserve Fund of the State Fiscal Accountability Authority is authorized to lend an amount up to four million two hundred thousand dollars on a one-time basis to the department for the use of the Grain Dealers Guaranty Fund herein established to pay claims approv…