North Dakota § 4.1-13-16 Collection of assessment - Records

North Dakota Statutes

§ 4.1-13-16 — Collection of assessment - Records

North Dakota § 4.1-13-16

Title 4.1Agriculture

Ch. 4.1-13Wheat Commission

This text of North Dakota § 4.1-13-16 (Collection of assessment - Records) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 4.1-13-16 (2026).

Text

1.The first purchaser shall collect the assessment from the seller by deducting the assessment from the total price of the wheat being purchased. If the wheat is subject to a lien, pledge, or mortgage, the assessment must:

a.Be deducted from the proceeds of the loan; or

b.The claim must be secured and must be subject to adjustment at the time of settlement if the number of bushels [liters] is not accurately determined at the time of the lien, pledge, or mortgage.

2.At the time of the sale, the first purchaser shall provide a record of the transaction to the seller in the manner prescribed by the commission.

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1. The first purchaser shall collect the assessment from the seller by deducting the
assessment from the total price of the wheat being purchased. If the wheat is subject
to a lien, pledge, or mortgage, the assessment must:
a. Be deducted from the proceeds of the loan; or
b. The claim must be secured and must be subject to adjustment at the time of
settlement if the number of bushels [liters] is not accurately determined at the
time of the lien, pledge, or mortgage.
2. At the time of the sale, the first purchaser shall provide a record of the transaction to
the seller in the manner prescribed by the commission.