This bill amends section 4.1-28-02 of the North Dakota Century Code to modify the requirements for video livestock auction markets and internet livestock auction markets to conduct business in the state. Specifically, it removes the requirement that these markets must transact business through a representative who is licensed under the chapter, thereby streamlining the process for conducting such auctions.
Additionally, the bill repeals sections 4.1-28-03 and 4.1-28-04, which pertained to the licensing and fees for video livestock auction market representatives. This repeal further simplifies the regulatory framework surrounding video livestock auctions, potentially reducing barriers for market participation.
Statutes affected: INTRODUCED: 4.1-28-02