North Dakota Statutes

§ 4.1-59-23 — Joinder of surety - Deposit of proceeds

North Dakota § 4.1-59-23
JurisdictionNorth Dakota
Title 4.1Agriculture
Ch. 4.1-59Grain Buyers

This text of North Dakota § 4.1-59-23 (Joinder of surety - Deposit of proceeds) 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 § 4.1-59-23 (2026).

Text

Each surety on the insolvent licensee's bonds must be joined as a party to the insolvency proceeding. If it is in the best interests of the receiptholders, the court may order a surety to deposit some or all of the penal sum of the bond into the trustee's trust account pending determination of the surety's liability under the bond.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
North Dakota § 4.1-59-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/4.1-59-23.