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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - North Dakota Century Code Title 4.1. Agriculture § 4.1-59-27. Commissioner to marshall trust assets - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-4-1-agriculture/nd-cent-code-sect-4-1-59-27/
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