Statutes, codes, and regulations
North Dakota Century Code
Title 4.1 - AGRICULTURE
Chapter 4.1-59 - GRAIN BUYERS
Section 4.1-59-21 - Insolvency of grain buyer

N.D. Cent. Code § 4.1-59-21

Download
PDF
Current through 2023 Legislative Sessions
Section 4.1-59-21 - Insolvency of grain buyer

A licensee is insolvent when the licensee refuses, neglects, or is unable upon proper written demand, including electronic communication, to pay for grain purchased or marketed by the licensee or is unable to make redelivery upon proper written demand, including electronic communication. The licensee may not assess receiving or redelivery fees on grain.

N.D.C.C. § 4.1-59-21

Added by S.L. 2023 , ch. 89( HB 1393 ), § 2, eff. 7/1/2023.