North Dakota § 4.1-83-14 Agent's license - Requirements - Liability of principal

North Dakota Statutes

§ 4.1-83-14 — Agent's license - Requirements - Liability of principal

North Dakota·Title 4.1 Agriculture·Ch. 4.1-83 Livestock Dealers

Before the agriculture commissioner issues an agent's license, the commissioner shall verify that:

1.The agent's principal is a livestock dealer licensed in accordance with this chapter; and

2.The principal has filed with the agriculture commissioner a signed statement indicating that the principal is responsible for and will be held strictly liable for any acts and omissions arising out of the agent's livestock dealings, even if the dealings were not authorized by the principal.

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Before the agriculture commissioner issues an agent's license, the commissioner shall
verify that:
1. The agent's principal is a livestock dealer licensed in accordance with this chapter; and
2. The principal has filed with the agriculture commissioner a signed statement indicating
that the principal is responsible for and will be held strictly liable for any acts and
omissions arising out of the agent's livestock dealings, even if the dealings were not
authorized by the principal.

North Dakota § 4.1-83-14 (Agent's license - Requirements - Liability of principal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.