N.D. Cent. Code § 4.1-59-23: Joinder of surety - Deposit of proceeds
Where this section sits in the code
- Title 4.1 Agriculture
- Chapter 4.1-59 Grain Buyers
Each surety on the insolvent licensee's bonds must be joined as a party to the insolvency proceeding. If it is in the best interests of the receiptholders, the court may order a surety to deposit some or all of the penal sum of the bond into the trustee's trust account pending determination of the surety's liability under the bond.
Collected 2026-09-02T21:04:14Z. Source file · JSON