North Dakota § 4.1-25-17 Remedy of claimants - Separate action by claimant permissible

North Dakota Statutes

§ 4.1-25-17 — Remedy of claimants - Separate action by claimant permissible

North Dakota·Title 4.1 Agriculture·Ch. 4.1-25 Dairy Product Regulation

A claimant has no separate claim for relief against the required security of a licensee unless
the department fails or refuses to apply for appointment as trustee under this chapter. Any
claimant, either independently or in conjunction with other claimants, may pursue concurrently
with the department any other remedy the claimant or claimants may have against the licensee,
or against the property of the licensee, for the whole of their claim or claims or for any deficiency
that occurs after payments have been made from the trust fund.

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A claimant has no separate claim for relief against the required security of a licensee unless
the department fails or refuses to apply for appointment as trustee under this chapter. Any
claimant, either independently or in conjunction with other claimants, may pursue concurrently
with the department any other remedy the claimant or claimants may have against the licensee,
or against the property of the licensee, for the whole of their claim or claims or for any deficiency
that occurs after payments have been made from the trust fund.

North Dakota § 4.1-25-17 (Remedy of claimants - Separate action by claimant permissible) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.