North Dakota Code § 4.1-25-08

Additional security
Open in Lexace · Ask the AI about this section
When the department determines the value of milk purchased or received from producers 
has increased or an increase reasonably may be anticipated, so the total amount of security 
does not comply with the amount required by subsection 1 or 2 of section 4.1 -25-06, the 
department shall require additional security to afford producers the protection intended by 
section 4.1-25-06. The department may suspend or revoke any license if the licensee fails to 
provide the additional security required by the department under this section.

‹ Prev All North Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.