SD PUC gets OK to use sunflower company’s bond to repay farmers
May 2, 2012 in The Daily Republic
REDFIELD (AP) A judge has given South Dakota regulators approval to use a $100,000 bond posted by a sunflower seed company that owes farmers in the Dakotas about $4 million.
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PIERRE, S.D. (AP) A South Dakota regulatory commission has abandoned its attempt to seek the assets of a sunflower seed company that owes farmers in South Dakota and North Dakota an estimated $4 million.
The Public Utilities Commission decided two weeks ago to seek control of the company’s assets in the hope it would provide money to reimburse farmers who have not been paid for sunflowers they delivered to Anderson Seed Co.’s operation in Redfield, S.D. 
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