N.D. Cent. Code § 4.1-83-25

Current through 2023 Legislative Sessions
Section 4.1-83-25 - Remedy of claimants - Pursuit of separate action
1. A claimant may not pursue a separate claim for relief against the livestock dealer's bond unless the agriculture commissioner fails or refuses to apply for appointment as trustee.
2. A claimant may pursue concurrently with the agriculture commissioner, however, any other remedy against the livestock dealer or the dealer's property that the claimant may have for the entire claim or for any deficiency that occurs after all payments have been made from the trust fund.

N.D.C.C. § 4.1-83-25

Added by S.L. 2013, ch. 72 (HB 1026),§ 5, eff. 7/1/2013.