North Dakota Statutes

§ 4.1-61-05 — Credit-sale contract indemnity fund - Availability of money

North Dakota § 4.1-61-05
JurisdictionNorth Dakota
Title 4.1Agriculture
Ch. 4.1-61Credit-Sale Contract Indemnity

This text of North Dakota § 4.1-61-05 (Credit-sale contract indemnity fund - Availability of money) 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 § 4.1-61-05 (2026).

Text

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.

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Bluebook (online)
North Dakota § 4.1-61-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/4.1-61-05.