The bill amends and reenacts section 4.1-28-02 of the North Dakota Century Code, which pertains to the authority of video livestock auction markets and internet auction markets to conduct business in the state. The amendment 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 transactions.
Additionally, the bill repeals sections 4.1-28-03 and 4.1-28-04, which previously outlined 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
Enrollment: 4.1-28-02