PIERRE — The South Dakota Public Utilities Commission has accepted a settlement with an Onida grain marketer for purchasing grain for resale without a license. P-U-C Staff Attorney Amanda Reiss says a settlement stipulation with Fearless Grain Marketing L-L-C and Jeremey Frost calls for the maximum fine possible…
Frost’s attorney, Rob Konrad, says the sales took place only within the last half year. He says Frost will not purchase again until he obtains a license…
Commissioner Gary Hanson asked Frost directly why he continued to purchase grain after being told he needed a license…
Hanson says he has a little discomfort with the 20-thousand dollar fine, but went along with the staff recommendation. Less than 10 of the contracts Fearless made have yet to be filled with delivery dates set in June.
