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

N.D. Cent. Code § 4.1-59-23: Joinder of surety - Deposit of proceeds

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Where this section sits in the code
  1. Title 4.1 Agriculture
  2. 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

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