§ 4.1-83-23 — Possession of records and property - Notice to file claims

1. a. Upon establishing the trust fund, the agriculture commissioner shall take
possession of all accounts and records pertaining to the livestock dealer's
business. After reviewing the records, the agriculture commissioner may return to
the dealer any records that are not necessary to the settlement of claims under
this chapter.
b. Upon establishing the trust fund, the agriculture commissioner shall take
possession of all livestock purchased by the dealer under the dealer's license and
remaining in the dealer's possession.
2. The agriculture commissioner, as trustee, shall publish a notice once each week for
three consecutive weeks in the official newspaper of each county in which the livestock
dealer was conducting business, directing any person having a claim against the
dealer to file the claim and all supporting documentation with the commissioner no
later than forty-five days from the last date of publication. Any person failing to meet
the filing requirements set forth in the notice is barred from participating in any funds
marshalled by the agriculture commissioner under this chapter.