This chapter does not apply to persons licensed under chapter 40-15 or to farmers, ranchers, or livestock feeders who buy or sell livestock in the ordinary course of their business. Source: SL 1972, ch 221 , § 2; SL 1990, ch 325 , § 277.
Auction agencies, farmers, ranchers, and livestock feeders exempt
SDCL § 40-15A-2 — under LIVESTOCK DEALERS, PACKERS AND PACKER BUYERS.
SDCL § 40-15A-2