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ND HB1126
Bill
Status
4/13/2017
Primary Sponsor
Agriculture Committee
Click for details
AI Summary
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Amends North Dakota Century Code sections governing public warehouse and grain buyer licensing to clarify bond requirements, insolvency procedures, and receipt holder protections.
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Increases the objection filing period from 10 days to 20 days before hearings in insolvency proceedings for both warehouses and grain buyers.
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Expands the definition of insolvency to include inability to respond to written demands made through electronic communication, not just traditional written demand.
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Repeals sections 60-02-39 and 60-02.1-25 relating to warehouse closure procedures.
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Directs the legislative management to study grain sampling and testing practices for deoxynivalenol (DON/vomitoxin), falling numbers, and protein consistency, with findings due to the 66th Legislative Assembly.
Legislative Description
Warehouse closures; and to provide for a legislative management study.
Last Action
Signed by Governor 04/13
4/13/2017