{"data":{"id":"us-nd/n.d.-cent.-code-4.1-59-10","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 4.1-59-10","heading":"Bond discount","body":"1.The licensee may request a bond reduction based upon the licensee's payment policy.\na.The required bond is reduced by thirty percent for a licensee that establishes and follows a payment policy approved by the commissioner of ten days or fewer.\nb.The required bond is reduced by fifteen percent for a licensee that establishes and follows a payment policy approved by the commissioner of eleven to twenty-one days.\n2.A reduction under this section may not be used to reduce required bond below the minimum bond set by law.","path":["Title 4.1 Agriculture","Chapter 4.1-59 Grain Buyers"],"source_url":"https://ndlegis.gov/cencode/t04-1c59.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"41c39092a215d98cde53776415aa2b0de46f63ad19f3e7e68d3a7ee2feb95e50","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-4.1-59-09","next":"us-nd/n.d.-cent.-code-4.1-59-11"},"notice":"GroundRules: Original legal text. Not legal advice."}