Minn. Stat. § 27.133

Current through Register Vol. 49, No. 8, August 19, 2024
Section 27.133 - PARENT COMPANY LIABILITY

If a farm products dealer is a subsidiary of another corporation, partnership, or association, the parent corporation, partnership, or association is liable to a seller for the amount of any unpaid claim or contract performance claim if the farm products dealer fails to pay or perform according to the terms of the contract and this chapter.

Minn. Stat. § 27.133

1990 c 530 s 14

Amended by 2020 Minn. Laws, ch. 89,s 1-14, eff. 8/1/2020.