North Dakota § 4.1-27-18 Operator to warrant title to purchaser - Dispute in title of animal sold

North Dakota Statutes

§ 4.1-27-18 — Operator to warrant title to purchaser - Dispute in title of animal sold

North Dakota § 4.1-27-18

Title 4.1Agriculture

Ch. 4.1-27Livestock Auction Markets

This text of North Dakota § 4.1-27-18 (Operator to warrant title to purchaser - Dispute in title of animal sold) 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 § 4.1-27-18 (2026).

Text

The operator of each livestock auction market shall warrant to the purchaser the title of all
livestock bought by the purchaser through the auction market and the operator is liable to the
rightful owner of any livestock sold through the auction market for the net proceeds in cash
received for the livestock. If the operator of an auction market is notified by an authorized brand
inspector that there is a question as to whether any designated livestock sold through the
auction market is lawfully owned by the consignor of the livestock, the operator shall hold the
proceeds received from the sale of the livestock for a reasonable time, not to exceed sixty days,
to permit the consignor to establish ownership. At the expiration of the allotted time, if the
consignor fails to establish lawful ow

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The operator of each livestock auction market shall warrant to the purchaser the title of all
livestock bought by the purchaser through the auction market and the operator is liable to the
rightful owner of any livestock sold through the auction market for the net proceeds in cash
received for the livestock. If the operator of an auction market is notified by an authorized brand
inspector that there is a question as to whether any designated livestock sold through the
auction market is lawfully owned by the consignor of the livestock, the operator shall hold the
proceeds received from the sale of the livestock for a reasonable time, not to exceed sixty days,
to permit the consignor to establish ownership. At the expiration of the allotted time, if the
consignor fails to establish lawful ownership of the livestock to the satisfaction of the brand
inspector, the proceeds must be remitted to the state treasurer for deposit in the North Dakota
stockmen's association fund.