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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 4.1-13-16: Collection of assessment - Records

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Where this section sits in the code
  1. Title 4.1 Agriculture
  2. Chapter 4.1-13 Wheat Commission

1.The first purchaser shall collect the assessment from the seller by deducting the assessment from the total price of the wheat being purchased. If the wheat is subject to a lien, pledge, or mortgage, the assessment must:

a.Be deducted from the proceeds of the loan; or

b.The claim must be secured and must be subject to adjustment at the time of settlement if the number of bushels [liters] is not accurately determined at the time of the lien, pledge, or mortgage.

2.At the time of the sale, the first purchaser shall provide a record of the transaction to the seller in the manner prescribed by the commission.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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