North Dakota Statutes
§ 4.1-61-05 — Credit-sale contract indemnity fund - Availability of money
Upon the insolvency of a licensed warehouse or a grain buyer and a declaration the
commissioner serve as the trustee, the commissioner shall make the proceeds of the credit-sale
contract indemnity fund available for use in meeting the licensee's obligations with respect to
the reimbursement of a person that sold grain to the licensee under a credit-sale contract and
who was not fully compensated in accordance with the contract.
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 4.1-61-05 (Credit-sale contract indemnity fund - Availability of money) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 4.1-01-01
Definitions§ 4.1-01-02
Salary of agriculture commissioner§ 4.1-01-04
Exhibits at fairs§ 4.1-01-08
Marketing bureau§ 4.1-01-09
Certified beef program§ 4.1-01-14
Equine slaughter - Establishments