§ 336A.15 — BUYERS TAKING FREE OF AND SUBJECT TO FARM PRODUCTS STATUTORY LIENS
This text of Minnesota § 336A.15 (BUYERS TAKING FREE OF AND SUBJECT TO FARM PRODUCTS STATUTORY LIENS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
Subdivision 1.Taking free of lien. Except as provided in subdivision 2, and notwithstanding other law or rule to the contrary, a buyer in the ordinary course of business who buys farm products from a seller engaged in farming operations takes free of a farm products statutory lien applicable to the purchased farm products even though the farm products statutory lien is perfected and the buyer knows the lien exists. Subd. 2.Taking subject to lien. A buyer in the ordinary course of business of farm products takes subject to a farm products statutory lien applicable to the purchased farm products if the lienholder has perfected the farm products statutory lien and:
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Minnesota § 336A.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336A/336A.15.