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North Dakota Century Code Title 4.1. Agriculture § 4.1-59-17. Reports to be made by grain buyers--Penalty for failure--Confidential records

Current as of January 01, 2024 | Updated by Findlaw Staff

1. Each licensed and bonded grain buyer shall:

a. Prepare for each month a report giving facts and information called for on the form of report prepared by the commissioner.

(1) The report must contain or be verified by a written declaration the report is made under the penalties of perjury.

(2) The report may be called for more frequently if the commissioner deems necessary.

(3) Information pertaining to the value of grain handled is a confidential trade secret and is not a public record. The commissioner may make this information available for use by other governmental entities, but the information may not be released by those entities in a manner that jeopardizes the confidentiality of individual licensees.

b. File the report with the commissioner not later than the last day of the following month. Failure to file this report promptly is cause for revoking the grain buyer license after due notice and hearing.

c. Keep a separate account of the grain business. If the grain buyer is engaged in handling or selling any other commodity, the grain account and other accounts may not be mixed.

d. Submit additional information requested by the commissioner pursuant to a report or an inspection within five business days.

2. The commissioner may refuse to renew a license to any grain buyer that fails to make a required report.

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Cite this article: FindLaw.com - North Dakota Century Code Title 4.1. Agriculture § 4.1-59-17. Reports to be made by grain buyers--Penalty for failure--Confidential records - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-4-1-agriculture/nd-cent-code-sect-4-1-59-17/

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