30-14-216. Pooling of grain prohibited.
30-14-216. Pooling of grain prohibited. (1) It is unlawful for any person engaged in the buying, selling, or handling of grain in any public local warehouse in this state or for the local agent in charge of such warehouse or any other agent of the person operating the same to enter into a contract, agreement, or understanding with any other person owning or operating any other public local warehouse at any railway station or with its agent whereby:
(a) the amount of grain to be received or handled by the warehouses at such station is to be equalized or pooled between the warehouses;
(b) the profits or earnings derived from the warehouses are to be divided, pooled, or apportioned in any manner; or
(c) the price to be paid for any kind of grain at such station is to be fixed or in any manner affected.
(2) Each day of the continuance of any such agreement, contract, or understanding constitutes a separate offense.
History: En. Sec. 1, Ch. 69, L. 1915; re-en. Sec. 10912, R.C.M. 1921; Sec. 94-1115, R.C.M. 1947; redes. 51-411 by Sec. 29, Ch. 513, L. 1973; re-en. Sec. 10912, R.C.M. 1935; amd. and redes. 51-516 by Sec. 16, Ch. 518, L. 1977; R.C.M. 1947, 51-516.