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North Dakota · Through 2026-07-31T11:12:02

N.D. Cent. Code § 4.1-59-27: Commissioner to marshall trust assets

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Where this section sits in the code
  1. Title 4.1 Agriculture
  2. Chapter 4.1-59 Grain Buyers

Upon the commissioner's appointment, the commissioner shall marshall all trust fund assets. The commissioner may maintain suits in the name of the state of North Dakota for the benefit of all receiptholders against the licensee's bonds, insurers of grain, any person that may have converted any grain, and any person that may have received preferential treatment by being paid by the insolvent licensee after the first default.

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

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