North Dakota Statutes

§ 4.1-58-44 — Insolvency of warehouseman

North Dakota·Title 4.1 Agriculture·Ch. 4.1-58 Grain and Seed Warehouses
A licensee is insolvent when the licensee refuses, neglects, or is unable upon proper written demand, including electronic communication, to pay for grain purchased or marketed by the licensee or to make redelivery or payment for grain stored.

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